It ain't always as it seems, as the old saying goes.  I don't imagine too many people were excited at the prospect of being long the indexes considering Thursday's abysmal performance, not to mention the recent overall trend of the market's inability to hold a rally.  Then there was the sharply lower open followed by a probe of the downside.  If you asked me at the time, I might have said we were likely to see at least a mini crash.

But that's why I don't trade according to my opinion.  It's not worth much.  In fact, my opinion would be a super anti-indicator if I could find a way to be honest with myself about what I was really feeling as opposed to what I'd like to think I was feeling so that my contrarian move could be more comfortable.

If that makes any sense at all.

Friday's longs ultimately made money on the day.  We're starting to see some volatilityâ€"perhaps good things lie ahead.

The bottom two rows determine the signal.  Dynamic Day One trumps everythingâ€"you always follow it.  When it's neutral, the Monthly Perpetual provides the direction.

The Biases
Hold all three longs.

DISCLAIMER: It should not be assumed that the methods, techniques, or indicators presented on in this column will be profitable or that they will not result in losses. Past results are not necessarily indicative of future results. Examples presented on this column are for educational purposes only. These set-ups are not solicitations of any order to buy or sell. The author, Tiger Shark Publishing LLC, and all affiliates assume no responsibility for your trading results. There is a high degree of risk in trading.

Art Collins is the author of Market Beaters, a collection of interviews with renowned mechanical traders. He is currently working on a second volume. E-mail Art at artcollins@ameritech.net.