CPO 1st Sep 2009

As yesterday,
short position still holding@ 2365 cut loss @2378

Results.
1 safe, 2 con,7 losses, 7 win.
Average +138points/lot.

outlook,
bearish

strategy,
CPO <2298 on 5 min closing, short, cut loss at previous hourly bar high.
CPO <2272 on 5 min closing, short, cut loss at previous 15 min bar high.