Friday, May 28, 2010

5/28 1:40

Stocks hit target 1089.40.  I took my profit early and stayed out.  Question is whether wave B is done or not.  It qualifies in price and time, but I think one more low.  The simple thing to do is hold short against a stop of SPX 1093.20.  The gutsier of you can target SPX 1081.

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