I don't like the action during lunch and have a gut feeling the sellers will be back. I am short a few from 627, but will bail fast if the covering starts.
Midnight rally
- Thread starter Rickshaw Man
- Start date
Oh well cant win em all.
"Notice how EqtTrdr & Rickshaw are nowhere to be found on nights the Market retraces. "
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Maybe they are on vacation spending some of the midnight rally $.
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Maybe they are on vacation spending some of the midnight rally $.
Action time is coming, 640 or 615 soon.
covered at 615.
Close enough for profit and a leasurely 5 points.Nothing seems to change, 90% profitability using the go long overnight strategy in US index futures. One thing is for certain, next weeks options expiration will with out a doubt be an up week.
It is such a waste of time and energy to try and trade index futures during the day. Wait for a weak day on the US exchanges, after the close buy index futures, the success rate is 90%. I expect this to continue for the rest of the year, as this market will not go down. Cant have that, not with Greenspan retiring, you can bet they have engineered it so things will be glowing for his farewell.