With the intra-day model calling for another move up to new intra-day highs and the S&P quietly drifting lower here, I am going to go long in here, with a tight one dollar stop.
If we do move to new highs it will be a worthwhile trade and we have 12 points of S&P profits today to cushion us.
Keep in mind, that this is a very aggressive trade!!
Monday, November 12, 2007
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