Longer-Term Market Trends Message Board

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Strategies & Market Trends : Longer-Term Market Trends

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From: AllansAlias	7/21/2008 7:35:04 PM
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A good trade reminder... Back in late June we saw oil-related rolling over. It did. We then suggested to wait out the initial leg down and be ready to short for the "meat and potatoes". Well, we are there very soon now imo. As regards $OSX, here is the chart posted July 2: We fell down out of that putative ED and are now building some corrective jello imo. This is setting up for another down move starting in the next few sessions. One can't be too cute here. I'd say it has one more tiny pop left in it, but anywhere in this yellow circle is a good entry now: .

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