Wednesday, April 7, 2010

Toppy But...

We are in the process of forming the top, and this pullback will likely be bought and we'll probably test 1188 again later this week.  There is no urgency for me to trade the 1% swings.  I might miss a few little opportunities, but I want to be well positioned when the golden opportunity arrives.  I am leaning towards a gap up for tomorrow and probably reaching at least 1186.

1 comment:

Anonymous said...

I think we have a downleg that's the real deal. -Petsamo