covered 1/2 on the big bar at 90.50......50% fib from the 1385 lo hit as well.....tightening up on the trailer on the other 1/2 as PPT will be at work here tp prevent a panic....although i believe thay just failed on the neckline of the 30min H&S
that 1385 lo was on 8/16 & a likely inflection point for a pop was the major reason for 1/2 cover as well as needing to lock in some gains on a possible intraday capitulation move. still feel we can collapse into the close & into tomorrow...still looking for that dow -1000 day within `07.
Still hanging in there short (SDS). Raised my stop to 52.50 (roughly equivalent to 1502 ESZ). If not stopped out, my current plan (subject to revision at any time) is to sell another 1/3 at a retest of LOD and then let the final 1/3 ride overnight.