y dj close down but we gap up?? volatile period i muz say, such situations are normal. this gap up i believe is wat i m looking for, the bullish tone that my system detected.
wats ahead? since it opened gap up and breach base point, bears are in control. note that falls are abnormally big for a number of counters, this could very well be margins falling in. do not get too engross in shorting until u refuse to cut wen a sudden surge kicks in.
longs i made should have been cut earlier wen the market moves against u while shorts should remain until market turns or the intraday target which you set base on your system.
have fun trading, if u feel stress, reduce ur positions...Heiwa
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