Tuesday, October 12, 2010

10/12 11:05

We've had our first stab at critical support with a sharp retracement rally.  I shorted SP futures on the rally at 1159.50.  I added a tiny amount of SDS. 
I'm waiting on a Euro rally back to it's primary M/A 1138.95 where I'll short it.  I'll buy DX if it takes out it's high 78.17.

2 comments:

  1. Hi Steve:

    What day did you post the I1 values for the remainder of the year? You show some sharp declines relatively soon.

    Mark S

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  2. http://animalspiritforecasts.blogspot.com/2010/10/104-955.html

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