Friday, February 22, 2008

It's trying

Just broke 12,200 but bounced back above again. Let's hope we can get under for the close today. (fingers crossed)

2 comments:

coinlieutenant said...

Joe,

What is your exit point if you buy the Ultra Shorts?

John (coinlieutenant)

GE Nupe said...

I'm riding UWM for a few days into this countertrend rally...be careful with the shorts unless you can handle DOW 13000 or so without issue....

We just got out of a symetrical triangle and broke to the upside as expected.

Plunge looks to happen very early March so watch for the reversal to the main trend (down) later next week or early March...

GE Nupe