Today I'll call a buyers market.
The backdrop is for prices to rise easier than they fall.
A falling VIX from a high level is bullish, generally.
A high put/call this morning is bullish also.
Buy 0.70-1.20 pt dips in DIA until further notice.
Risk 0.50 from entry.
Exit +0.70 to +1.00 from entry.
Await another dip to re-enter.
9:57AM
Thursday, October 9, 2008
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