Tuesday, November 04, 2008

Corrrection soon

Can't give the exact top, just look for a top on hourly charts.
Target 3000-2950-2900-2850
Major res at 3260
then at 3565-3640
problem with shorting up here is if you short too early you get stopped out
and then miss the real move down. so one can wait for hourly charts to confirm a top and then trade the charts with the proper stops

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