Correction Continues with first major support at 1404 basis the S&P 500
Short Term Trend Model has Just Crossed Through its 50% Point, which indicates a possible half day or full day breather before the decline terminates.
I am thinking the lows should be reached this week or Monday, but I will let the market tell me for sure, IT IS ALWAYS RIGHT!!!
USEC Corp (USU) looks like it will move back to $15 before it should start its next leg to the upside. I will post a comment and chart for the stock.
Went long CHCI today for a potential upside POP!! I will post a chart for that as well.
Have A Great Day and Pass the Word about the Blog, I would really appreciate it!!
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