tuesday trading, page-189

every indice i follow have now made new 5day lows . keeping an eye on 5day50's now for resistance . can use the 50 for resistance and defining of trend. strong trends will stay above/below the 50 for extended periods . as long as the 50m holds im targeting 10700 initally for dow profits and sub 6000 for dax . patience is looking to pay . scalping a little on the way selling the spikes will be a strategy that i will employ . JD well done , it seems we are the resident bears for last week or so . being a bear cost me profits last week but this week profits are looking exponential. late shorts today will likely get whipped so patience on entries will be pertinent