Replies to post #192 on TRADING 04 FUTURES

[euterpe1]

I don't follow them very much, but I am always looking to see if other have come across something that I value in my approach to the markets.

The weekly chart gives me pause for holding longs here. Looks alot like the march to may run up so far. Granted the weekly chart needs to be looked at on a weekend basis, but the cross down of the fast stochastic is what gets my attention.

http://stockcharts.com/h-sc/ui?s=$SPX&p=W&yr=3&mn=0&dy=0&id=p23660228577

http://stockcharts.com/h-sc/ui?s=$SPX&p=W&yr=3&mn=0&dy=0&id=p88245373606



3/10/08 40% long
3/11/08 Scaling back to 30% long EOD
3/13/08 Scaling back to 20% long EOD
4/7/08 100% cash EOD.
7/3/08 Close short at open. 100% cash.
7/8/08 20% long EOD
7/10/08 closed long EOD - Runaway train