Friday, November 12, 2010

11/12 1:40

Bought 2% SDS on return to 150-minute M/A.  Now at 4% SDS and short silver futures.
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2 comments:

  1. AnonymousNovember 12, 2010 at 10:52 AM

    Steve

    Do you still see 11/18 as the start of a major rally?

    Jack C

    ReplyDelete
  2. SteveKotelesNovember 12, 2010 at 12:09 PM

    I1 doesn't get off of the mat until at least 12/21, maybe 1/6. That does not mean that the bottom will not arrive sooner, just that the rally will not crank up until after I1 looks at a peak > 3.25.

    ReplyDelete

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