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12/15/04 6:11 AM

#500 RE: Alex Chory #499

I was already shorting last night around 9280-9290. Lowered s/l after it cracked. During the night I got stoped out with a profit luckily around 9250.

I wanted to reshort this morning at 9290, but didn't when I saw some momentum coming. Wanted to buy cable momentum for scalp but couldn't find a comfortable entry. So I missed this rally. :-(

I am now watching the cable rally and being undecided if I should short here at around 9350 or wait bit longer.

I will definetely short cable at 9390-9400 with s/l something around 20-30 pips away if it goes there.