Friday, January 25, 2008

DAY TRADE

THERE ARE A COUPLE OF POSSIBLE TRADES RIGHT HERE.

THE 5 MINUTE CHART GAVE A SELL SO WE COULD LOOK TO GO SHORT, ESPECIALLY WITH THE PIVOT FAILURE OR WE COULD LOOK FOR THE MARKET TO TRY AND BUST THROUGH THE PIVOT LEVEL ONE MORE TIME AND GO LONG.

BEING AS THE LOGIC MODEL CALLS FOR A RALLY OFF THE LOWS, I AM GOING TO LOOK FOR A BREAK ABOVE THE PIVOT AND GO LONG.


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