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Re: [RT] 5/18 & 5/22 NASDAQ Turning Points



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--- In realtraders@xxxx, "Dom Perrino" <domenick@xxxx> wrote:
> Haytham,
>     Is this 5/18 and 5/22 turns up/down in that order?
> Please let me know this evening as i am still short on previous 
turning
> point.
> Thanks
> Dom

Dom,

Good for you, I coverd my shorts when the gap filled, there is a 
chance NASDAQ gap(around 1950)will close before it turn up, I would 
keep tight stop(for example, high of today) and lock the profit(don't 
put your stop in a place if it is hit you loose some money).

I will try to enter the next couple of days on the long side.

Remeber: Most of the trader are confused regarding market direction 
now and this will creat volatility as what happened around the close 
today so I am staying out watching"time" and patterns to creat entry 
point.

Regards,

Haytham


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