HOW OUR DAY WENT:
FANTASTIC ! The lower open reversed
and then the move was parabolic to new highs. After
that occurred, the market started acting very toppy
and after a dip to 1091 members of our team were told
to short a bounce to the 1094-1095 area that stalled.
That's *exactly* what happened as the ES bounced to
1094.75 and stalled out with about an hour left in
trading. Then we got a break lower, and with the ES
dropping 22+ points from 1094.75 to 1072.50 (1072.75-
1072.00 was our last support area) it was very nice
trade for our group. They were given a lot of guidance
via Instant Messages also.
Good Trading,
Mike Reed
TradeStalker.com
This publication's primary focus is trading the index
futures. However, you can also use my nightly updates to
trade the following ETF's (SPY), (QQQQ), (SDS), (QID),
(DIA), and (DOG)
Wednesday, October 21, 2009
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