Thursday, August 26, 2010

8/26 2:00

If my count is right we are in Minuette 5 of Minute 3.  It's time to look at places to cash in some chips.  The DJI 340-day M/A comes in at 9,891.  So if a 5 down winds up around that spot I'll cover most of my shorts.

4 comments:

  1. Steve

    Wave 4 was a heck of a ride.

    On board.

    Thank You
    Jack C

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  2. Are you covering most shorts, only to buy and sell again before the bottom around 9/2, or covering and holding w/out trading SDS until we get closer to the next top?

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