Silver has broken the 90-minute M/A and I'm staying short with a stop on a 90-minute close .7% beyond the blue line.
Monday, May 2, 2011
5/2 10:00
Rally on news came after a 5 wave up completion, so it has no wave significance. I spent the weekend on software and running cycle baselines. I only run these every 5 years and each time I find opportunities for refinement. I1 peak is past so I'm staying short with a stop beyond the Bin Laden futures top.
Silver has broken the 90-minute M/A and I'm staying short with a stop on a 90-minute close .7% beyond the blue line.
I'm driving into Albuquerque on the monthly supply trip. See you this evening.
Silver has broken the 90-minute M/A and I'm staying short with a stop on a 90-minute close .7% beyond the blue line.
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Interesting candle painted today.
ReplyDeleteThe SPX is right at the last Fib line from 2007 to 2009 bottom.
If that doesn't hold, it'll be on to new highs!
But I think it'll hold.
Good luck.