Comments for 11-05-07
Looking at the charts for the indices things don?t really
look good for the coming week. If
you are in any of the indexes or their ETFs I would tighten up your stops or buy
some puts for protection.
The indexes seem to indicate that there
should be downside action in the coming week that could get severe. The three indexes that I posted
work on, INDU, SPX and NDX all indicate that there should be movement down if
the entry prices are hit. This
would affect the ETFs of DIA, QQQQ and the SPX. It would also affect the futures
DJZ7, SPZ7, ERZ7 and ESZ7.
I have posted my work on www.delta100.com You can find it under comments or under an index
NDX, SPX, or INDU.
Have a good week
all.
Once again, just one man?s opinion.