KTS's NQ Express

Instynct you sitting on sidelines thru this major bull...shite?

 

L 30.75

 

Waiting for ES to reach 62 and see what it will do from there. Take it one level at a time. Four trades for me so far
-.25, +6.5, +2, +4

 

scratch

 

S 29.50

 

out 31.50

 

I missed my short. I guess ES 61.5 is good enough..

 

do you think this bull is out of gas?

i think NQ will see 35 very soon

 

quite possible as 35 is not too far away.

FOMC minutes being released at 2pm est today and they've been buying on anticipation of QE2. After 2pm est i think there is goinig to be some serious fireworks. Plenty of trading ahead.

 

the problem now with days like today big players already banked in this 30+ run up...their out now for rest of today...so we bang around in a narrow sucky range..for awhile