More on the DOW

I entered 3 orders in the DOW this morning as there is a bias to lower prices but nothing really developing in the way of a washout in the Stock Index futures. I entered the following orders in the $5 DOW futures:

BUY 10 $5 DOW at 10547 (I was filled on this order and I am now SHORT 70 contracts.)
BUY 10 $5 DOW at 10537
BUY 10 $5 DOW at 10527

If all 3 orders are filled I will be SHORT 50 DEC $5 DOW and will hold for further profit.

I also SOLD 2 DEC GOLD at 465.10 and covered at 463.60 for $300 profit.

I have been buying some 10's and 30's in the Interest Rate futures and will update my position later.

Dale F. Doelling
Chief Market Technician
Trends In Commodities