Monday, January 12, 2009

NQ

The NQ recently traded through our 1201 stop level.  A failure to rebound before the close will cause the NQ to join the other indexes in a slightly more bearish position with lower buy/sell zones.  
We're still holding a short position in the ten year notes which are currently trading around 126'06.

There is a substantial risk of loss in trading commodity futures, options and foreign exchange products. Past performance is not indicative of future results