Wednesday, July 15, 2009

XJO time.....

This is my target area to get shorter than Danny DeVito....hahahaha

Note; Last time I was waiting for my target area the market did not quite get there. Subsequently I missed all the recent down move.


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Updated DJIA chart.

Note; the DJIA did sort of do what i was expecting. I had expected it to pull-back ever so slightly then shoot north. It didn't pull-back and even over shot my target area. I think we have seen a short-covering rally the past two days and once all these 'shorts-stops' have been wiped out then we will head 'south' once again.

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safe trading

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