06 June 2011

6 JUN 2011, Monday (AM)

  • Not worth the worry more like.  As previously stated I do not like the long side because...
  • Market has been below the 90DMA for the past few days and we have lower swing lows and lower swing highs.  You can check the charts in the sidebar.   
  • Currently approaching APR low of 1295 and after that is the MAR low of 1250.
  • I'll watch subsequent price action for a bit.  Getting oversold so I wouldn't be shorting either.
  • Sometimes the sidelines are best.

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