6.25.2012

Been trying to get short all day.  Price action is just too choppy right now.  Got in an out on both the fiber and cable for a small $100 profit.  They will probably release it soon but price is also trading at S2 for the fiber and S1 for the cable so not really a good time to go short.

Now that Friday's low (5555) has been broken on the cable I'm wondering if they will reach lower.  However, I would have liked to see it break with more conviction today and that's why I got out of the shorts.  So now I'm wondering if they just cleared out stops below Friday low to take it higher since we are at an OTE on the 4 hour chart.