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gloe

10/04/06 11:42 AM

#34221 RE: Nocona #34219

I did get out of the inv ghost on ER as economic news was coming out. Then back in on a ZLR that was only apparent on the "early start" charts, not on woodie's charts. Now ER 144 CCI is above the +100 so can just hold on. From the ZLR it is about 50 ticks.

I am a chicken when trading ER, it is a very "rich," very volatile instrument.

Meanwhile, the NQ/QQQQ trade triggered after the news came out, so that was safer. ER was stronger than the other futures this morning, then they all took off after the economic news came out, after a slight dip first.

Buy all dips! The economy is headed for recession, that must be it!