Thursday, July 22, 2010

Cracks.

Cracks appeared to day Wednesday with this test of Tuesday low. Thursday we could have more down only to recover at close. My trend model has gone to an aggressive sell but will recover above a close of 1077 spx. Still think high is 26th but I do have some Short ETF's because my fear in down not up.
The chance to see spx 1000 is high after this rally.

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