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I think YM has moved up 15pts since this thread was posted.

The NYSE floor had problems with their quotes today,(first time they ever had this type of problem, they had to take paper orders and direct calls from brokers, and they were talking about it on CNBC, anyone remember) and this wasn't mentioned in relation to the terror threat.(does anyone see a...

Well, NQ remains weak due to SMH, ER2 hit 61% retrace from mondays sell off @ 786. ER2 strongest, NQ weakest. Oil strong, SMH looks like inverse trading to oil.

Gap fill on smh, NQ is now starting to play along with the other indices. I think we will move up now. Volume coming in stronger. Will watch homebuilders.

Well, there are a ton of #'s today and futures are up big. Resistance on ER2 is at 787 and support at 776 now. When futures are up this much, I would expect an up day. I would keep an eye on SMH. If all indices are moving together to the upside, then that will be the indication we got a trending...

I'm done for the day. I would like to trade the close but have to go. I'm proud of myself for taking one of my prefered trade setups and not hesitanting for a second. As soon as 772 broke, I watched for the retrace and shorted and got a good pt in the prefered time of 3min.

This is pretty crazy volatility on ER2, the most I've seen. Looks like we could start selling off again, SMH and big caps headed south.

Looks like we are chopping till bernanke speach.

short 772.3 @ 10:23, 2pt stop target 771

looking to short in the next 15min. Looks like the news scared some shorts. I'm hoping to be done trading before bernanke speaks.

Expecting more downside action today. Looking to see 765 on ER2 today. I don't think ER2 will go more than 4pts up from the opening price today. We have #'s today, so I'm curious to see what effect they will have. 776 will be resistance on ER2. 1790 res. on NQ. YM is the weakest. I will only...

NQ tick just turned bullish, would look for retrace if it occurs. NQ @ 1785.

Thanks, I don't have much profit to prove from it though. I saw the breakout at 785 on er2 but was hesitant to take it and wanted a retrace which never happened. So I entered late. NQ just hit 1780, I'm expecting a bounce. YM now relatively the most bullish.

all support levels have been hit except NQ, currently at 1785. we got another 5 pts to the downside. If NQ keeps going, I'm expecting -123% fib extensions to the downside for er2 and ym. edit: nq 1784 hit, er2 showing support at 776, ym Support at 12150.

I'm expecting a big move either way in the next 2 trading days. Sox has NR7. NQ is strongest>ER2> ES, and YM is the weakest. YM at 38% fib and bottom of daily trend line. If SMH breaks 35.00 I'm expecting ER2 to go to 776 this week, NQ to 1780, Ym to 12210. If SMH doesn't break and NQ keeps up...

Done for the day. ER2 weak and NQ strong today. Gap filled. $30

I traded timidly today. My trade entries were excellent, but 2 of my trades ran an extra 1.5+pts on er2. I was impatient and exited too soon. The trades on most were positive in less than 30 sec. If I would have held for 3min, I would have realized the max profit for the move. TXN was leading...

Played poker most the day and watched for setups. Missed the down move because I couldn't get a good retrace entry. Ym was weakest all day and NQ strongest. $6

I'm expecting monday to be bearish, the monday following option experiation. Lets see if I'm right.

Steve, that is good advice. MD-- These are questions I would ask myself to help learn what I was doing wrong or right. For every trade do you use predetermined stops? (why or why not) Can you define what you did right on your profitable trades and what you did wrong on your losing...