Dow Gambit:
No I would not (at least, not as part of the Dow gambit). Apart of the gambit, I would say that both AA and XOM are in buying range here with the same stops mentioned in the last gambit. But, the gambit is not a short term trading strategy, it is a medium/long term strategy. It is opened when the turnips see a window of low risk on the down side with a greater probability of an upside move. The most recent gambit (opened 12/11 I believe and closed last week) was supposed to exploit a year end run and an early January run, both as part of historical tendency of the market to be up in the last two weeks of the year as well as early in January. So far, it is not working very well and we had one stop loss hit. Lets hope that the second part (strong early january) materializes, if not, the stop should be obeyed (on a closing basis), and minimize the losses. In the worst case, these should not be much greater than 5%, still very small relative to the nice 40% plus return of the first two gambits.
Zeev