Tuesday, August 31, 2010

8/31 3:45

I got flat DJ futures at 9998.

2 comments:

  1. nice defense. With all this chop, it's tough to figure out where we are in the count. But something needs to give here soon, only 2 days left of I1 dropping. Maybe only one and a couple of hours--you had mentioned the low could come in early Thursday.

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  2. which brings up another question: How confident are you in the I1 timing? That is, how close are you comfortable playing it? To the day? Or are there a couple of days margin of error?

    The reason I ask if that if you feel the I1 is nearly 100 percent reliable down to the day, then why not hang on to your short positions until early Thursday?

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