Saturday, August 23, 2008

DOW - Blocked at 11600


few days ago, there was a highlight on the need to be cautious on Long when and should DOW recover to 11600 region...becos of a GREEN Monster...

that resistance point is here...who knows if this resistance will stop and retard advancing index.... we wont know until later...but what we can do is to either lighten up on Longs or get ready to go Short...this is all short term trades...

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