Monday, August 8, 2011
snap back
When we get a relief snap back it will be brutal. We are stretched here to the extreme. Right here the shorts have less risk reward
Thoughts
After a huge gap down and continued selling to make new lows after lunch is not a good sign.
WOW
We really hit 1152. low was 1151. still looks like death- seem we going lower but waiting on confirmation. this might provide support
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