Thursday, December 27, 2007

Day Trade Update 3:25pm EST

We are going to have to keep a close eye on the triangle forming on the 5 minute chart as it will give us a clue as to the next move that will offer some good potential.

Currently our short is just barely positive, but the market looks very weak here.

We may get the entire short term correction today if the market breaks lower today yet again.


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