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Re: jakemem post# 56223

Thursday, 07/24/2008 3:08:38 PM

Thursday, July 24, 2008 3:08:38 PM

Post# of 386227
Jake..this will probably be my last post on this board. So, especially for you, my friend. I have noticed the same thing..also that the mid index itself is still on an uptrend.

I think the prudent thing to do is sell half of your position to cash, and leave half long if a red box is there at the close. It could well be a one-day wonder, and the trend will continue upward tomorrow.

Bottom line, I will either go entirely to cash, or 1/2 to cash and 1/2 long, if a red box remains filled at the close.

I will not move to MZZ based on what you described. good trading.
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