Thursday, October 4, 2007

A day about nothing

It was such an uneventful day. Everybody was waiting for the employment number Friday, otherwise, sellers would have been out. Technically, it is short term down trend. Once again, a contraction of r1s1 range which is basically an NR7. The market will break out one way or the other. The numbers for tomorrow are 721r1, 720pvt and 719s1. The market will tell, just follow the trend.

2c

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