Thin ice.

Posted on Feb 09, 2012 by in Letters

After a wave lasting 36 days one begins to examine the quality of the ice we are skating on.  It doesn't make it any easier that the TA community (not to mention the unwashed punditry) are as nervous as cats on a hot tin roof.   The SPX actually has feasible trendlines -- that is, we can use them as guides as to whether to exit or not, if we just use trendlines.

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