It seems to me some here are looking for excuses to go long or hold their long positions. I think you are clutching at straws. One of the best pieces of advice is to trade the trend, on the XJO the major trend is DOWN. If you were caught long on friday night/monday have a look at the many posters here that predicted the fall or were very cautious about longs.
This thread has some very valuable information, no-one is right all the time but there are people here with outstanding records. Don't just use this forum for confirmation of your own views but also open your mind to other peoples views and learn from them.
Thats my rant for today, take from it what you will it all just my opinion and do your own research blah blah blah.
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