Thursday 5/27/10 wrap up

FRUSTRATION.  Turned bullish two days ago and have been waiting for the 30 minute V Stochs to bottom at or near buy territory for a low risk entry and just isn't happening.  Also tried to short ES on a day trade today when 30 minute V Stochs rolled over but got stopped out for a 6 point loss.  Meanwhile prices melting up after lunch for the balance of the day.  I'm going to consider going long off a bottoming of the V Stoch on the 5 minute chart, it's possible this thing could just keep rolling for a while.