Friday, May 15, 2009

$SPX


Which way will it break? Above 5 day MA or below 20 day MA?

Yesterday could have been nothing but a retracement in the next Bear turn. If your long, better tighten stops. If your short, better tighten stops. In other words, nows a great time to Sit on Hands till Mother market decides which way the GPS is telling her to turn......


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