Tuesday, November 20, 2007

Intra-Day Update - Keep the Powder Dry

Get ready to rock and roll on the short side with a crossing of the stochastics on the 5 minute.

We are not there yet, but very very close.

Keep an eye on the angle of descent also as a weak angle will not bode well for a short position and will require us to keep an even closer stop than usual.

Take a look at the angle of the last crossing this morning and you will see an angle that we DO NOT WANT. We want it to be steeper.

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