Just below (~1114) should bounce. Of the dead cat variety.
SnP 50 DMA
Started by
jjc
, Jan 21 2010 01:03 PM
2 replies to this topic
#2
arbman
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Posted 21 January 2010 - 01:05 PM
Wait for 1105 gap test, technically we should not bounce much, there are multiple new price targets lower being triggered by this sell off at the moment. This will be a fast and furious decline.
#3
draggen33
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- Traders-Talk User
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Posted 21 January 2010 - 01:17 PM
Wait for 1105 gap test, technically we should not bounce much, there are multiple new price targets lower being triggered by this sell off at the moment. This will be a fast and furious decline.
Mr Arbman,
Please post when you think its over(the decline) . I have my own thoughts yet they have been wrong for a while , I'm not a day trader just a small time dabbler that has lost being short , except for today !!!
Thxs in advance , thxs to all on this board
