There have been a couple notable bearish predictions to this group
lately. Normally, I'd ignore these and go with the flow. But my tape watching
over the past week implies the market is headed quickly higher. Theoretically
when earnings start rolling in next week. So much so that these have bugged me
for a couple days. The only fly in this ointment is that volume has been so low.
Which reminds us of the saying, "Never short a dull market".
If I were a longer term trader I'd position myself for a bump with a stop
at dow 9672.
If I were a day trader I'd believe the beginning of any energetic move
has legs.
regards,
tbr
Attach we are re
visiting the Market barometer
Notice 5 days ago
it made a higher hi then 9/28,
(Which
resulted today a new closing higher hi?)
Now for 4 days
prices are going higher WITHOUT the barometer
confirming
This will result
a NICE decline
Have a great week
end
Ben
profitok@xxxxxxxxxxxxx
P,
s
Coming
soon
http://www.timing4commodities.com/
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