January 7th After Market Close

As mentioned earlier, I felt that the markets would not be making any headway down or up today, and if you traded with that mentality, you would've done well. Looking at the intraday chart, traders that shorted any dow rally at +50 or bought any dow decline -50 resulted in very nice profits within a short period of time. Even with 20 minutes left in the game, the dow was down 55 points, and within 10 minutes rallied to +50. I opened various positions long and short today and must say I'm pretty happy with the performance. Did not open any AH positions yet, but will keep you posted.