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Monday, June 13, 2011

NYMO not quite oversold

Euro ran up to visit the upper side PRS 100, pinging it perfectly and retracting.    Unfortunately, I was sleeping, no short entry.

NYMO - the chart says it all.   Sure the SPX could bounce now, but more downside is my call.

Posted by Stock at 6:46 AM

1 comment:

  1. muckdogJune 13, 2011 at 7:54 AM

    Indeed. It seems like any weak buying by the little guys is an opportunity for the big guys to sell into what little strength there is.

    ReplyDelete

Insightful and Useful Comment!

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