Random Thoughts

The random thoughts are pretty much a cut and paste:

As I've been saying, a few big up days would make all the difference in the world. Obviously, we didn't see any upside follow through on Thursday. So, this keeps us in one-day-at-a-time mode.

So, what do we do? I think the plan remains the same:

1)Honor your stops on existing positions just in case this turns into something bigger. 2)Be selective on new positions. Trade the best and leave the rest. 3)Wait for entries on new positions. Again, as I preach, this can often keep you out of new trouble. 4)Start thinking about firing off a short or two but keep #2 and #3 in mind.

Futures are firm pre-market.