Tuesday, January 19, 2010
C and Overnight Weakness
Well C has come out with earnings and the initial knee jerk reaction is to sell 'em. We are right at important support around 1127.50, if we go below 1125, there is a lot of air till 1120.5. I am currently short from Monday in the overnight session, and I believe, we may have a little flush out today. No Mutual Fund Monday today. I will remain short and have my targets for my short at lower levels.
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