SPI Trading 16th January 2008 part 7

16:02....

i've been sitting in my 1 lot short since this morning and the SPI has been swinging around in 44 point waves without the weakness that I wanted in the markets....

The r44 upswing and spiral point gave me another Short trade:-

Entry 2 lots 5824 and partial exit 5808.....

looking for a move into R44 low hopefully by the close (exit 1 lot on close)

Stops nows moved to 5830 and holding 1 lot overnight (exit 5770 R87)

Note: covered overnight @ 5791