22 January 2010

21 JAN 2010, Thursday


  1. Wow...some follow through!  But it dropped right into the old highs for support and the 50DMA and some very short term indicators are already oversold but they can get more oversold if this is more than just a correction.  One day at a time!  Let's see how this plays out.
  2. See that...Upmove has been relentless and has made even diehard bears cautious...maybe that's a positive for the downside...LOL.
  3. Intermediate term still up...we'll see how support holds.

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