Tomorrow will likely be a breather as the VST - ST nature of the market needs to settle before going higher.... Currently we are still in wave 1 or 2 off the bottom, but would need at least 3 waves to complete.... Just my observation.....
Barry
Breather Tomorrow
Started by
qqqqtrdr
, Sep 01 2010 05:34 PM
2 replies to this topic
#2
porsche911sg
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Posted 01 September 2010 - 06:46 PM
I think it be just intraday breather. We should top out by next week.Tomorrow will likely be a breather as the VST - ST nature of the market needs to settle before going higher.... Currently we are still in wave 1 or 2 off the bottom, but would need at least 3 waves to complete.... Just my observation.....
Barry
The market catches almost everyone on the wrong side. We always seem to get fake break out before that huge dump or the hugh dump before the false break down! Trade Safe!
#3
porsche911sg
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Posted 01 September 2010 - 10:44 PM
Asia is not firing correctly, Currently sold off all my longs. A few more points of bounce will have me short.
The market catches almost everyone on the wrong side. We always seem to get fake break out before that huge dump or the hugh dump before the false break down! Trade Safe!
