Monday May 05, What Do Think of NDX (and the market) this week?

Discussion in 'Trading' started by riskfreetrading, May 4, 2008.

  1. If at 9:30AM, the cash session opens higher than Friday's high, I am shorting it. If it opens below that, I will watch carefully during early minutes. The latest I should know if I should short it hard is around 10:10AM.

    One thing is sure, I will not go long tomorrow. I am looking for shorting when I get the first signal.

    If if gaps down (below Friday's close) at open, then I will wait for a rebound to join my friends (the bears).

    What do you think (particularly if you are now bullish on NDX and the market)

    PS: when I write NDX, I mean everything that relates to it (futures, QQQQ, etc).
  2. gobar


    y sell till 1440 on s&P

    buy any selloff till 1440. also CSCO reports earning on tuesday and it would be good...
  3. Some threads are now starting to pop up about futures goind down. No surprise there. There are doing what they should do technically.