covered our long ..., page-3

stops triggered ... mega green Hmmm ... we said a few days ago ... "the XJO may want to maintain the disconnect [to the DOW] and revert to the mean at somewhere near 5400 ..."

Our intra-day stop has been triggered and we wave farewell to a great LONG ... and covered nicely courtesy of the those nice folks over at CMC having taken 35 points of them yesterday and another 30 odd points today.

And now for the hard part ... where to from here ... we are pissing off for a few days and figure maybe XJO might rebound off this 5400 number come Monday.



And some more from those nice folks over at CMC ...




Cheers ... tight stops.


This is only my view ... read the red stuff.