Tuesday, March 24, 2009

Out and waiting

Entire position was covered for a great profit. This is going lower...so I will look to get in again.

Why did I get out? Because of this item:

15:40 03/24 EURO-DOLLAR: Stops targeted and flushed as euro-dollar lurches to $1.3445 in "zero liquidity, " according to one trader. Stops flushed sub $1.3470/75. MNI Techs suggest support at $1.3420 50% retrace of post-Fed rally, Congestion area.

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