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Re: was Steve post# 31390

Thursday, 10/06/2005 5:46:10 PM

Thursday, October 06, 2005 5:46:10 PM

Post# of 37180
I had planned to take 1/4 to 1/3 off on a break of 1550 but the other traders pre-empted me. EOD selling is relentless on higher than avg volume. I think we continue down untill we see some capitulation.

The plan is to average out of the short. A rebreak of 1550 will get me to take some off.

A big gap down may end the selling for a bounce.

Gizmo...


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