Recap for Friday, 11/21/03
For the first move this morning, Pt 1 came in at 8:55AM vs 8:45AM predicted and just above R2. Pt 2 ended at 9:42AM vs 9:30AM predicted and right at S1. For the NQ, the move was good for about 15 pts, or $300 per contract less commissions.

Recap for Thursday, 11/20/03
The first move this morning was cut short. Pt 1 came in at 8:45AM vs 8:45AM predicted. Pt 2 ended at 8:55AM vs 9:30AM predicted. The trade was essentially a sratch for no gain.

Recap for Wednesday, 11/19/03
The first move this morning was another winner. Pt 1 came in at 8:45AM vs 8:45AM predicted at R2. Pt 2 ended at 9:05AM vs 9:30AM predicted. For the NQ, the move was good for about 11 pts. That's $220 per contract less commissions.

Recap for Tuesday, 11/18/03
For the first move this morning, Pt 1 came in at 8:55AM vs 8:45AM predicted. Pt 2 ended at 9:40AM vs 9:30AM predicted and came in right at the S1 level. For the NQ, the move was good for about 15 pts. That's $300 per contract less commissions.

Recap for Monday, 11/17/03
This morning, Pt 1 came in at 8:50AM vs 8:45AM predicted and just above S1. Pt 2 ended at 9:20AM vs 9:30AM predicted and came in just above S3. For the NQ, the move was good for about 15 pts. That's $300 per contract less commissions.

Recap for Friday, 11/14/03
The first move from Pt 1 to Pt 2 was classic. Pt 1 came in at 8:50AM vs 8:45AM predicted and just a point shy of R2. The move down to Pt 2 ended at 9:35AM vs 9:30AM predicted and came in right below S4. For the NQ, the move was good for about 24 pts. That's $480 per contract less commissions.

Recap for Tuesday, 11/11/03
The first move from Pt 1 to Pt 2 came in almost exactly at both time and price. For the NQ, the move short from 1420 to 1403.50 was good for about 16 pts.

Recap for Monday, 11/10/03
The first move from Pt 1 to Pt 2 came in very close for both time and price. For the NQ, the move short from 1438.50 to 1426 was good for about 12 pts.

Recap for Wednesday, 11/05/03
The first move from Pt 1 to Pt 2 came in very close for both time and price. For the NQ, the move short from 1438 to 1420 was good for about 18 pts.

Recap for Friday, 10/31/03
The first move of the day from Pt 2 to Pt 2 came in just about perfect for both time and price. For the NQ, the move short from 1427 to 1413 was good for about 14 pts.

Recap for Monday, 10/20/03
The first move of the day from R2 to S1 came in just about perfect for both time and price. For the NQ, the move was good for about 20 pts.

Recap for Friday, 10/03/03
Futures gapped up at the open above R4. When that happens, the odds favor a rising trend for the remainder of the day. We said to get long at the first pullback, which happened right on schedule at 9:30AM (Pt 2 on our forecast charts). The NQ entry was around 1365 and the exit was 1385, when the oscillator turned, good for 20 pts.

Recap for Tuesday, 08/26/03
Pre-market activity indicated a down opening. The SMT Oscillator was above 80 and we anticipated a reversal to the downside. We entered a short position on a bounce to first resistance at 1302. the market sold off, allowing us to take profits at first support at 1285 for a gain of +17 points.

Recap for Monday, 08/25/03
Pre-market activity indicated a down opening. The SMT Oscillator was below 40 and starting to trend up. We waited for the morning rotation before taking a long position. We entered a trade at the first support level around 1295. The market bounced off support and allowed us to take profits at the first rsistance line near 1305 for a profit of +7 pts.

Recap for Wednesday, 08/20/03
Pre-market activity indicated a down opening. The SMT Oscillator was below 40 trending down. We took a short trade on a retracement to first resistance at 1295. The sell off failed to materialize and we ended the day with a -5 pt loss.

Recap for Tuesday, 08/19/03
Pre-market activity indicated an up opening. The SMT Oscillator was trending down and it did not look like the opening price would be enough to reverse the trend. We took a short entry on a break through the 1290 level and looked to take profits at 1280 support. The market reversed up before hitting support and we ended the trade with no gain on a protective stop at the entry price.

Recap for Monday, 08/18/03
Pre-market activity indicated an up opening. After the morning rotation the SMT Oscillator turned up indicating a long entry. The NDX bounced off first support for a long entry at 1260. Resistance at R4 provided the first opportunity to take profits for a gain of +5 pts. The market rallied above R4 indicating to hold until the close for a gain of +25 pts.

Recap for Friday, 08/15/03
Pre-market activity indicated a down opening. The SMT Oscillator was headed down from an overbought level. We indicated to go short at the open, which was the wrong move and taught us to always wait for the morning rotation. The NDX bounced off first support at 1250 and rallied to resistance at 1255. The rest of the day the price oscillated between these two levels. The reversal from 1255 would have provided a gain of +5 pts on a short trade.

Recap for Thursday, 08/14/03
Pre-market activity indicated a flat opening. The SMT oscillator was headed up from an oversold level. We waited for the market to selloff to the first support before entering a long position. At 8:50 AM the NDX bounced off support for an entry at 1235. The NDX rallied to first resistance at 1245 for a +10 pt profit. Second resistance at 1250 offered another opertunity to take profits for a gain of +15 pts.

Recap for Wednesday, 08/13/03
Pre-market activity indicated an up opening. The SMT oscillator was at an overbought level indicating a potential reversal. Our strategy was to sell the rallies after the morning rotation. A retest of the openning price at 9:20 AM provided a short entry at around 1246. The NDX fell to first level support allowing profits to be taken for a gain of +10 pts.

Recap for Tuesday, 08/12/03
Pre-market activity indicated an up opening. We anticipated the SMT oscillator to cross to the upside, but did not enter a long trade until we saw the crossover. At 8:45 AM the oscillator crossed coinciding with the morning pullback. This provided a long entry near 1222 on the NDX. The first opportunity to take profits was at the first resistance line around the 1228 for a gain of +6 points. Other profits could have been realized at the next resistance line near 1235 (+13 pts) and at the close (+19 pts).