8/20/2009 8 am

• NQU09 traded up to 1607.75 and the sell limit 1607.50 exit order was hit...
• i am concerned that during this rally off the lows of this past monday, the NQ has shown consistent relative weakness compared to the ES, EMD, TF and even the YM...
• this concern and this new found sense of fear that the rally is going to peter out, has me lowering the sell limit 1627.50 order to sell limit 1612.50...
• in addition to the sell limit 1612.50 order there is also a sell limit 1617.50 on the books...
• 'BTD Index' is still open (http://stbsmb.blogspot.com/2009/08/btd-index-generated-entry-signal-for.html), and a close today in the NDX above about 1603.50 will have me exiting the 'BTD NDX' (traded with a different NQU09 lot) at today's close...
• not sure how appropriate my fear response is right now...in any case, i am acting on it to some degree...i need to pay attention to the fear and how it has influenced my plan...

Disclosure: Long NQU09.

***remember this is an illustration of what i am trading and my thinking...my trading plan may change without notice...this is not a recommendation for you or anyone else, to buy or sell this or any other security...***