short term trading, page-118

thanks Jako, certainly appears that way.

I am very tempted to enter another trade, but the DOW closed on lows still a niggling issue for me.

However saying that I would like to see the DOW spike down on open then recover(shake out is final ingredient this particular cake needs atm), imo could be tonight or the following night.

All the bad news is already out there, US data wasn't half bad, Bear action fading imo, or for now at least.

If they are shorting at these levels they will get toasted soon. No different to those who buy at the tops.