Tuesday, July 20, 2010

Expected Bear Squeeze based on EWI report last Friday at close

So glad I closed my bearish positions, EURO tanking tonight again, but ES not following again.  

Tough market, I don't know anyone stating their impressive results.  HBB sucking up the minimal profits.

Last Friday I stated that I thought this ramp would happen.   

Here is the link.

http://oahutrading.blogspot.com/2010/07/f-elliot-wave-release-40-page-elliot.html

Now the question is....is this all the ramp there is?    I think so, yet unsure of taking bearish positions since I cannot be monitoring positions