Wednesday, January 17, 2007

Wednesday Still short.

Still holding my short trade.

Although my early sell signal has not flipped to a buy, my trend signal is still just a hair away from trending long. This stuff is never easy.

Just gonna sit here till the sell flips to a buy. Or the trend signal flips on. Or this trade starts moving more decisively in my direction.

Again, right now, a test of the 10 EMA is all I'm expecting out of the trade. If we get there, I'll look again.

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