Tuesday, May 12, 2009

bidding it up off the bottom again

I've covered shorts and now long small but ready flip over in a heart beat... not liking this pattern of pulling it off the bottom before channel price objectives are met. I suspect we may get a closing high tomorrow with a tail the pins the 200 day movning avg. thursday or friday marking the top of this corrective bounce..
EDIT: ok I'm back out for a quick 8 points.. will wait to get long early in the Globex session this evening.

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