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Tuesday, October 6, 2009

Update

Today behaved as expected. We did indeed test the underside of the wedge and it reacted instantly.

Now the million dollar question... Will it turn right here or keep on going?

Honestly I have no idea. Today's internal metrics were very bullish with Advance/Declines north of 8 to 1.

I actually re-entered my shorts that I dumped at 1020 today. I'm not very confident at the moment but I will pay to see if the bulls can make it go higher, I'm using Zé Manel's stop



Someone brought to my attention, on some other blogs using my graphs. I don't mind people using my graphs as long as they credit me. I would appreciate that if you do use them, please make a little comment crediting me or refer to this blog.

Thank you
at 10:19 PM Posted by Salvador
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