Thursday, January 13, 2011

1/13 10:20

Buying 2% SSO at DJI 11,705.  Wave 4 decline in progress.
Critical support would only be broken at 11,640.
Still short crude and long dollar.
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1 comment:

  1. AnonymousJanuary 13, 2011 at 8:00 AM

    Steve

    Now that time has past and hindsight becomes clearer, Crude is looking like it is in an overlapping wave 4. Since yesterday's high, the waves look overlapping. I would have preferred to see a good clean impulse down.

    DennisP

    ReplyDelete

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