Wednesday, May 26, 2010

1054

1054 now becomes the important level for the bulls. They must defend that level or we will be heading to 1000 in a Jiffy

Sold off

Well very interesting that we sold off in the later part of the day. To be honest I really was calculating a bounce into this week but I guess the bounce was yesterday retreat off the huge gap down. We will see how the week progress.

Small Gap

Opening with a small gap up. We got a nice turn around tuesday now lets see what will happen today. I am more on the sideline more than anything else