Wednesday, October 28, 2009

BINGO!!

FINALLY HIT- Actually went below. Should now get a reaction bounce here - Problem is might not be lot as internals are still not improving.

Will post a chart tonight on my thoughts-

Nasdaq

Very important what is happening here to the Nasdaq. Leader on the downside, remember it was the leader on the upside, telling tale.

broken

Broken but stopped @ 1047. Lets see if we get a reactionary bounce or we slice through later

1052

We must hold 1052 or we will welcome 1045 very quickly-

BINGO!!!!

Bingo on the 1054 actually printed 1052.75. Lets see if we bounce- actually out my short from 1083 there SWEET!!! took long enough