Replies to post #5879 on MMCLUB

[HuskyMaster]

mg - COMPX

I am not demno, but all I can say to this chart is that it sure looks like 1900 is coming next week...but with options expiration you never know...

"http://stockcharts.com/def/servlet/SC.web?c=$COMPQ,uu[w,a]daclyiay[dc][pd20,2!d20,2!f][vc60][iLa12,2...

good luck and a nice weekend!

Husky

[denmo83]

When I went into the meeting...

At 1:30CST, the Dow was only down 24 points and the SPYders only traded 29 million shares. Pretty weak. An hour later, there was only 34 million SPYders traded, but the Dow was down 76. I figured no big deal, light volume, I'm staying in.

I get home to see 48.6 million on the SPY. That's not good and it may not bode well for Monday as well. I guess I over stayed my welcome in the market while the denmo6 is on the sell signal. I'm still green on my trade, but half my gains were wiped out today.