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Re: aire88bro post# 33020

Tuesday, 04/01/2008 3:30:54 PM

Tuesday, April 01, 2008 3:30:54 PM

Post# of 51799
Aire88bro, It all depends on your trading time frame, risk profile and objectives. In the index futures, I only trade YM, but I am strictly a daytrader and do not know enough to make suggestions on holding positions. Probable close on the high of the day today. Personally I would close my position no later than 3:52 and be thankful for the windfall. 12600-12700 area has had sellers come in. Watch for signs of fading tomorrow, if there is follow through. The market could retrace most, if not all, of today's gain in a day or two, especially if 12500-12490 gives way. FWIW.

Geo

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