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Warren,
SwingMachine thinks there may be one to two hours in which
other interested parties might take a short position.
The thing that disturbs me though is that the more bearish
projection shows a return to current levels after the
projected pullback and the more bullish is looking for
a higher high. Seems caution is in order.
Clyde
Warren Goldstein wrote:
>
> Hi all,
>
> Another swing target achieved, using the 60 minute bar chart.
>
> High at 1335.00, low at 1305.00.
> 1335.00 + (1335.00 - 1305.00) = 1365.00
>
> I sold short again at 1364.90.
> Next projection down to 1249.60 basis SPU, or about 1265.00 basis SPZ.
>
> Good trading,
>
> Warren
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Clyde Lee Chairman/CEO (Home of SwingMachine)
SYTECH Corporation email: <clydelee@xxxxxxx>
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Houston, TX 77063 Fax: (713) 783-1092
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