Long DJIA @ 10975; 1508hrs GMT

As of 1508hrs GMT we are long DJIA @ 10975. Notwithstanding the ensuing PIIGS debacle (Portugal, Ireland, Italy, Greece, Spain), BP's oil spill and the NY terror threat, we theorize that the enduring support as seen on the chart below will hold firm until close, at least. Remember flatbookers, one week does no the trend make, and real-time, the overriding trend is still north-facing. As always, we will use tight stops to mitigate losses, should the position go against us.




Safe trading flatbookers.

“Every moment in the market is unique….and you don't need to know what is going to happen next to make money.”
- Mark Douglas