Monday, June 28, 2010
6/28 1:50
This is the second-hardest thing to do in the markets: wait. The hardest thing to do is to lose money. I STILL think we get rally. If I am wrong then I need to wait for 10,079 to short again. I1 is down and is pushing on prices. However, countertrend moves come in spasms, so I am looking for a bullish spasm. It will not last long, 150 points in a couple of hours kind of move. A lot of triangles resolve in this type of spasmodic breakout.
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