Of course it's not gambling - one only has to read the XJO...

Of course it's not gambling - one only has to read the XJO thread to get the drift.

I follow it so on Monday 8th I shorted the Dow which was down 634.

After reading the XJO thread I could see it would rebound so I went long Tuesday - up 429.

The good folk on the XJO thread said it was some dead animal's bounce so I shorted Wednesday for a 519 fall.

That was apparantly easily shown through TA to be an "over sold pattern" so I went long Thursday for a 423 gain.

I didn't bother Friday - retired.