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Old 05-18-2007, 01:47 AM
The Bear The Bear is offline
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Ym Daily Making A Pivot High? But When

Anyone bearish on the dow lately or soon? All I got once was 1 sell off day last week.

I've been trading YM a bit lately (short only - intraday), and I'm concerned about taking swing (overnight) longs at this point. Would I be getting in at the end of the party?

On the daily YM is pure arching the sky in a perfect line since APR. How long could it go like this without another her big correction? I don't know the index futures like you guys because I don't watch them closely, but how long can one of these perfect rallies last? On one of the small corrections could we end up with a beautiful crash like FEB?

I don't buy that it was a technical 'problem' that caused the 500 pt drop in FEB. I think it was real....500 points is not un-reasonable.

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