Friday, March 26, 2010
Toppy Action
For the short term, the sellers are lined up at 1170. I don't think we can make lower lows intraday, but as bad as this looks, we are down 2 points from yesterday's close. I guess you can call that follow through selling, but in a well established uptrend, shorting after a small correction is not a high percentage play. I see no edge to going long or short at 1160.
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