Monday, January 25, 2010

Buying This Weakness

We are weakening here and I am taking advantage by building a medium sized long position.  I will add more as we get lower.  I believe we will hold the fort and rally in the 2nd half of the day.

5 comments:

Anonymous said...

Damn man I hope you're right.

This intraday pattern although it's one of those scribble patterns, is still trending down.

That's not too bullish. We need to come correct to the upside now.

iv said...

adding more or waiting here OWL??

thanks

Market Owl said...

I've added more.

Anonymous said...

LOOKING GOOD DAWG.

ONWARD AND UPWARD.

FLY TO THE SKY.

JO SUNG MO TO THE SKY.

Anonymous said...

I MEAN TO HEAVEN