Well only two persons emailed me about the riddle. Funny it was the forecast of the market for the next few days and it has been accurate so far. I have to tell you folks this, a lot of you want to be spoon feed and investing is not a spoon feed thing. Some of you guys are so lazy to learn but then I hear it over and over that you want to become successful traders. Well there is no holy grail for trading but only reward from hard work and picking a strategy that works.
Back to the riddle. The last line said 860-8, 848. Yesterday the low was 860.25 and we ended the futures @ 868. Today we also ended the futures at 868, pretty good prediction. 90% of the volume today was traded in that 860-868 area. Now try and figure out the rest- if you guys has even try you would have had direction in the market yesterday and today.
MARKETJEDI
Tuesday, January 13, 2009
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