Yet another volatile night last night. Again, as captured in the SOMM Manual, there was a wash sales in the Dow which contributed to the downfall of -154 points. It's like one day up another down kind of situation now. There is no trends or directions whatsoever. The best way to trade the Dow is to day trade the 5 min chart with observing where the supply/demand is. Other than that, I am definitely not taking the risk to hold overnight.
Ronald K - Market Psychologist - The Big Speculator
