Wednesday, November 14, 2007

Quick Note

I have swapped out of QID (39.27) and replaced it with TWM (Ave. 67.69), as the NDX continues to lead all averages on the day, while the Russell 2000 remains weakest. Holding COH short and SKF long and I'm still working the entry on a JCG short. If the market is not retreating by tomorrow, I will move back aside; however, if we are making lower-lows tomorrow I will let out more short; so keeping cautiously short until I see clear failure - then firing with both hands.

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