Tuesday, May 19, 2009

That fractal chart tried one more time...

This idea isn't completely off the table just yet and while I'm short, I recognize the potential to run up into that 200 day moving average which would actually provide some beautiful technical sell signals in lots of groups. In the mean time if this market opens up and craters I don't want to be on the sideline twiddling my thumbs so I'm keeping tight stops and looking for a good hold along the way to short from..

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