Friday the 13th and all that…

Posted on Jun 13, 2008 by in Letters

There have actually been two valid short basing points in this downtrend and there is as yet no sign of a bottom. It has been a mystery to us anyway how the chart could have broken above 128, except as a bull trap, which now appears to be the case. We have been saying for months that there were limited opportunities in indices and now we think that more than ever.

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