| TIME | ALERTS | |
| 15:06 | Have a good weekend.
Make sure you check out the chart when it is posted later tonight.
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| 14:48 | This is ugly. Hurry up close.
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| 14:47 | Hope we get to the close before it falls apart.
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| 14:43 | I can see this turning down.
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| 14:43 | ** EXIT @ 879 profit [+3]
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| 14:42 | Take profit now
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| 14:41 | Put stop at 875
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| 14:41 | I don't like the looks of this
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| 14:40 | ** IN @ 876
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| 14:38 | Let's try that just in case.
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| 14:37 | ** BUY @ 876
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| 14:36 | Looking for confirmation
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| 14:33 | If we keep moving down like this, we'll have to consider a BUY when RVM @ 14:35 hits.
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| 14:22 | RVM @ 14:35
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| 14:16 | RVM @ 14:15 looks like a move up
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| 13:55 | RVM @ 14:15
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| 13:51 | Well, that is no "down reversal". We are breaking out to the up side of the triange.
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| 13:45 | We are getting cornered in the apex of the triangle. This usually leads to a pop in one direction or the other.
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| 13:42 | That would have to be a down reversal.
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| 13:41 | RVM @ 13:45
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| 13:40 | Another time right, direction wrong.
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| 13:39 | ** STOP @ 867 PROFIT [-3]
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| 13:35 | ** IN @ 864
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| 13:34 | We hope it pulls back to 864
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| 13:33 | ** SELL @ 864
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| 13:25 | We have a triangle we are bouncing around in. Look for a breakout.
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| 13:24 | I would think about selling if we move below 864
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| 12:56 | ** STOP @ 867 PROFIT [+11]
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| 12:46 | Going to move up a little here.
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| 12:45 | Hit a snag at 865
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| 12:41 | S @ 865
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| 12:41 | Heading to 860
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| 12:30 | 860 is a real possibility
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| 12:29 | S @ 866
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| 12:28 | Hit our 870 target
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| 12:13 | Playing with the house's money now.
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| 12:11 | We could see a move back to 878 here.
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| 12:06 | ** IN @ 878 Target 870
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| 11:56 | ** SELL @ 878
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| 11:55 | R @ 880
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| 11:51 | Keeping a keen eye on the 11:55 reversal. We should make another low before 12:35
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| 11:46 | RVM @ 11:55 12:35
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| 11:42 | RVM @ 12:35
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| 11:38 | Had the time right, but direction wrong.
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| 11:29 | ** SELL @ 867
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| 11:29 | RV @ 11:25 should cause reversal.
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| 11:26 | 870 would be a top
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| 11:24 | Over 869
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| 11:21 | Still not in. Cancel if we go over 869
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| 11:19 | We are hoping for a move below 860
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| 11:17 | ** SELL @ 865
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| 11:06 | RV @ 11:25
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| 10:59 | I think we will see another move down shortly (within 30 minutes)
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| 10:54 | ** STOP @ 863 profit [+3]
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| 10:53 | ***** REMINDER *******
Stop and Limits are completely up to you and the risk you feel comfortable with. A 3-point trailing Stop is used in the trading room solely to maintain an objective measure of the success of the reversal times posted here. You should assume the level of risk you are comfortable with, and choose to play these reversal in whatever market, and be whatever strategy you like.
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| 10:44 | We are playing with the house's money now.
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| 10:40 | R @ 862
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| 10:18 | ** SELL @ 866
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| 10:06 | RV @ 10:15
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| 09:43 | RVM @ 09:45
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| 09:38 | Watch for a turn at 09:40
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| 09:23 | We got down to 857.5
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| 09:17 | S @ 856
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| 09:12 | Didn't expect that reversal to have such a strong effect.
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| 08:54 | RV @ 09:05
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| 08:02 | As predicted in last week's newsletter, today looks like it is going to be BAD.
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| 08:01 | Good morning!
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