Thursday, December 15, 2011
Looking to Buy
It is almost that time. We've washed out a lot of excess from the market and it's time to look for an entry point. I would not rush in right away, as I don't believe we will V bottom this time. We should trade back and forth between 1200 and 1230. There is just too much complacency despite the damage that this market has taken. I will look to buy if we get down to 1200 during the next few trading days.
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