Wednesday, May 13, 2009

Market on the fence!!

this market is on the fence and waffling. we could see 7 - 8 percent correction or go higher.
my stop on SSO got taken out, but my charts don't confirm SDS as a buy and weekly charts are pointing down, but not confirming the correction yet. certainly no new positions until bull or bear declares.
 
i'm getting killed on my remaining 0.5% LEA position. lesson learned.
 
stay tuned, we're Fun Trading.

Posted via email from fortypercent's posterous

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