Tuesday, January 11, 2011

1/11 pre-open

Bought 4% SSO at the close yesterday 48.92.    Covered gold short 1373.98.  I1 bottomed yesterday.  Stop will be DJI 11,514.
I'll be driving Margie to doctors today (3 appointments) and picking up supplies.  I'll get back tonight.
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2 comments:

  1. AnonymousJanuary 11, 2011 at 9:25 AM

    Steve:

    Thank you for your very informative posts. I follow it regularly and use it to help me with my trades. I hope that your wife recovers from her illness and that you both enjoy each other for many years to come.

    Mark S

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  2. AnonymousJanuary 12, 2011 at 6:28 AM

    Looks like Oil is very close to completing the C wave in its ABC correction that started at the low on Jan 5. If I am labeling this right; the five down last two days and ended Jan 5. The A wave peaked Jan 5, B wave bottomed Jan 7 and I looks like the C wave will top today.

    Sound reasonable?

    Hope all is well with Margie
    DennisP

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