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With all the sociopolitical things going on right now. I'm not sure how much of a buffer you really need to feel safe these days. One bad move by Europe and you could see limit down. A fed move and you could see a superb rally. All very unpredictable and dangerous when the markets...

roll the dice, over the weekend its all one big gamble. :)

Trying for 89 FoN

Long 75.50 stop 65 Open target will post when i exit FoN

You would think they fill the gap before taking it higher. I noticed your stop is above the gap. Something to consider, good luck. FoN

That's unfortunate since everything else I can find in price. Guess there really is no use for indicators then, not trying to start a battle, just an objective personal observation based on my criteria. FoN

I make consistent profits swing trading. Daytrading is still something Im working on and eventhough Im up the returns are not consistent. Still lot of work to be done on my end but a pipedream it is not. FoN

Two things I had considered ADX or/and the slope of moving averages. However, i have absolutely no experience with technical indicators so any help is deeply appreciated. Thank you much for your time. FoN

+1000

Seriously?

The market is going up because it wants to go up and because there is more demand to buy or cover than sell. I don' trade fundamentals, they are misleading and confusing. Technicals, although not perfect, are much more honest than fundamentals. By using fundamentals you create a bias...

Intent to buy low 80s :D FoN

You are quite certain on this call huh? I try never to marry a read, the market has this habit of surprising us more often than not. In any case, I hope you get your targets. FoN

Tomorrow as in Tue or Wed, sorry the time zones driving me a bit insane. FoN

Dow is not far from turning green for 2011. Not too bearish in my eyes.

No sarcasm was intended in my post, not sure what you mean. FoN

I'm usually not this good, been learning a lot from the guys here, Volente, Ammo, LC, etc. All very sharing individuals. Problem is when jerks show up and disrupt the thread quality with fake calls or attacks :( FoN

Thanks for the idea lol

For sure

Exited +10.00 FoN