Monday, April 11, 2011

4/11 1:10

DJI rallied to old highs and conditioned selling kicked it back down.  I entered another 2% SSO at 53.33.  Once DJI exceeds 12,450 then conditioned buying will kick in.  Buying breakouts is not a way to make money because the frequency of reversal is high, but there are a number of traders that will buy DJI > 12,450 and this breakout should stick.

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