|
PureBytes Links
Trading Reference Links
|
While this swing/key reversal stuff is admittedly a weakness
in the trading area for me, this may be representative of the patterns setting
up as of today's close if we get follow-through to yesterday's intraday short
covering frenzy.
For perspective, if the Dow were to simply retrace to its 20
day moving average, we would see 5 figures on the index - what is it... 10859 to
9106, a 16% downswing, and potentially a 10% swing higher to 10080-10000
zone.
What a market.... and they told me commodities were wild
broncos and made you go broke.
And yes, in the "credit where credit is due" dept, the
direction call was great - even if it may have been early/off by a few points:
in alpha order - Ben, Bob, Earl, Ira, Joe Duffy, NW, Slawek for the 2 ep's
- and all those who posted whose names I don't remember....
It doesn't matter, but I could never do that kind of
stuff.
Gitanshu
Yahoo! Groups Sponsor
To unsubscribe from this group, send an email to:
realtraders-unsubscribe@xxxxxxxxxxxxxxx
Your use of Yahoo! Groups is subject to the Yahoo! Terms of Service.
Attachment:
Description: "intcwkly.gif"
|