+7
There are a lot of signals pointing to a higher day today but I am a little wary about the pattern on the daily charts. If the markets were going to snap back up significantly, they should have done it yesterday IMO. That they didn’t is a sign of weakness. I’ll be looking for longs here in the morning, but I am a little wary and will be on the lookout for a reversal to the downside.
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January 25th, 2006
Jason
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