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Monday, May 31, 2010

NY #1-2


Very Thin market today but will try and squeeze out a few quick trades.
1-market was coming back down at this time, i had my 50sma coming in at 05 so i took a trade there, +3
2-a bounce off the 00 +4
I was waiting for a bounce and yellow around the 90/88 area for a buy but as you see in the chart it made it to 92. Now seems to be going up. But again the market is thin and any rush of sellers/buyers could move this market fast and hard.

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