Market Swings

[75playa]

Cap,

Good luck...lol

Just for future study. Your stop of 1142.5 would have eliminated you from the run reguardless. Mine was only one point lower but would NOT have been hit. I based mine on the secondary low yesterday at 2:00 because I felt the one at 3:15 was a wash low and too low for me to feel comfortable.

Try to make sure there is something you are basing your stop on and not just a two or so point stop.

That's one of the reasons I shorted at 1161.5 today. Look at a 3 or 5 minute chart and look at the moves after consolidation. Each one got smaller and smaller until the last one was virtually nill. Also the histogram on the 8 minute chart fell below zero at 2:20 and still can't get back across.

Last thing...I would save my practice trading for regular hours or you will get a fase sense of the real action.