Friday, February 4, 2011

2/4 10:40

5 down, sold SSO at 51.77.  I'm going to let the market consolidate here and Euro finish it's 5 down and retrace up.

2 comments:

  1. Is Silver completing the first ABC up, from the Jan 28th low?
    DennisP

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  2. Hi Steve, I am waiting too for EURUSD retrace up to former wave 4 between 3620 and 3660. I intend to sell Calls 1.3950 at this level...Also I just bought SDS, perhaps a bit premature here but with very tight stop...thanks as always for sharing.

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