Friday, January 4, 2008

DAY TRADE UPDATE 11:55 am EST

THE MARKET CONTINUES TO STRUGGLE WITH THE 1ST HOURS OPENING RANGE.

IF IT IS ABLE TO BREAK THROUGH WITH CONVICTION AND HOLD ABOVE THE LEVEL FOR MORE THAN 3 MINUTES THEN WE COULD BE OFF TO THE RACES TO THE UPSIDE.

I AM LOOKING FOR A POTENTIAL 50% RALLY OF THE DECLINE TODAY.


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