Coming soon to an uptrend near you…

Posted on Jan 26, 2013 by in Letters

http://stockcharts.com/h-sc/ui?s=$SPX&p=D&yr=0&mn=6&dy=0&id=p16768279576&a=214966864

The present upwave (SPX) now amounts to 7.52% and 18 days.  Party getting old.  Any minute they will turn out the lights and take back some of the profits.  If we were trading this we would be watching extremely short term data -- maybe hourly or half hourly bars, where the profit taking and short selling will show up first.

This is only a preview. You must be a subscriber to access the full text of this letter.


 
Username
Password
 

 
Choose a Username*
   
Email *
   
First Name *
Last Name *
   
 
  * Required

Tags: ,

Comments

You must be a subscriber to view and submit comments on this post.