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Re: Live PL Dot
Posted: Fri Nov 14, 2008 2:19 pm
by Trader Question
Right now just waiting to see if the 883 Daily PLDot Valley & 1-1 low hold & Mothly 2-3 PLDots back 881.50
the 60 min chart is giving a "little" support and that's about it.
We're playing around in the Further outs - so tempting to be long ----
D.M.
Re: Live PL Dot
Posted: Fri Nov 14, 2008 2:21 pm
by pldot
==yes
===??? flow is down
====but you want some evidence that the flow has shifted unless you like getting hit in the face with a wet fish
Re: Live PL Dot
Posted: Fri Nov 14, 2008 2:22 pm
by Trader Question
Actually I am Long at 882.50 with a tight stop at 881.50 if it works great - if not then on to 872
Guess patience is a virtue - and we just watch but I feel we could be putting in a major bottom before we turn up
D.M.
Re: Live PL Dot
Posted: Fri Nov 14, 2008 2:23 pm
by pldot
==OK to trend-buck if you watch the flow and are nimble...
=== possible, but watch the alternate scenario as well...