Thursday, July 28, 2011

7/27 - bullish (buy stop) OR bearish (sell stop)





Market looks ready to bounce...despite so much reason to be bearish from the last 2 days selloffs and still no sign of a debt ceiling agreement, i am feeling bullish after looking at the charts...so tomorrow is not a great time to go short and also a bad time to exit asap from a short position. think the best thing is to wait for the next great long setup...but if we continue to fall tomorrow and i see a good short setup, i would buy

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