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ItsAllCyclical

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Re: Frank Pembleton post# 16145

Thursday, 06/15/2006 12:56:22 PM

Thursday, June 15, 2006 12:56:22 PM

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Scaling out another 1/2 of what's left in the trader PMs. This could continue, but getting overbought on the hourly so a break is possible soon. I got a bit too cautious at the bottom like I usually do, but at least by selling these rallies I'm setup to buy any dips again. I think between now and the Fed meeting we'll at least get once more op similiar to what we had 2 days ago.

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