hey guys, heres food for thought; yahoo has pretty good pre-market commentary on the likely DIRECTION of the broader indices, i was thinking of a strategy that is based on probabilities of WHERE the market is going to go not WHEN. So setup would be; Bullish sentiment -> long -> no stops -> 5pts limit profit Bearish sentiment -> short -> no stops -> 5pts limit profit close position at end of day if limit profit has not been hit. I am aware that a loss would be huge, but wouldn't consistent forecasting outweigh the occasional loss. What does everyone think about this and is there someone out there that currently uses a strategy similar to this, please discuss. cheers. jonny.