If you are still short you may want to re-evaluate your positions-or do some fancy hedging-as you are now in a high risk zone-do not mind the dim wit traders-they know piss all about the markets-and it is better to fuk them out of it if it makes you feel better. The only friend you need in trading is yourself-always remember that and you will make all the money you want-when you want. You are all missing one simple thing that will make all the difference to your results-when you SEE it you will know. The General
you were right on a micro time frame. i'm starting to stare at the charts too much today. i want to just get out and be happy, but the market hasn't told me to buy YET. close below 880 and i have to remain short. does seem like a good area to cover. currently 867
this feels like a possible support area. considering covering 1/2 around 869ish level and then will re-sell 5 if the Dow goes under 8,000. let's see how this day closes. even covering all here and then re-selling under Dow 8,000 may make sense.
Mandelbrotset Exposed http://www.elitetrader.com/vb/showthread.php?s=&threadid=169607&perpage=6&pagenumber=7
Well, so far it looks like you called it - but so would a coin flip. However, if you get the second part right too, then you're golden and I shall bow.