Monday, October 27, 2008

Out

I just sold both my long units at 867.50.  If the market starts to show a preference for trading below 860 I think it will continue downward into the 800-10 zone. If we can hold above 860 I shall try to get long again tomorrow.
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1 comment:

  1. T.C.B.10/27/2008 07:09:00 PM

    Hi Mr. F
    As long as the intraday buyers are messing with indices with less than desirable push up, I am staying bearish...
    These sub-standard rallies will only attract motivated sellers...I reckon...

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