Thursday, August 12, 2010

8/12 11:45

On the generator.  Looks like Sub-Minuette4 is a rectangle or expanded flat depending on the index, which is to be expected as S1 was a zig-zag.  I expect 1 more decline to finish off the 5-wave down.
I went short 2% DJ futures overnight at 10,326 with stop at 10,351.

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