After yesterday's long entry, today's will be very short. I didn't like the sell off in the last 20 minutes of the market today. The volume was a bit higher today, but that day-end sell off creates more of a murky outlook. We need confirmation for any new bullish or bearish trades. I will sit on the sidelines until things become a bit clearer. Watch the previously mentioned market support levels to see if they hold. Make sure you have stops on your trades (bullish or bearish).
Tuesday, March 31, 2009
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