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Re: Bernard Ng post# 17539

Tuesday, 08/01/2006 9:09:22 PM

Tuesday, August 01, 2006 9:09:22 PM

Post# of 18894
Looks like you nailed it

Sitting at a short term double bottom but another gap down could signal a longer term island top and retest the bottom of the trading band. Will see how the markets react on Wednesday as it could be a Max Pain rally day, no rally then most likely keep selling, or a rally back to resistance could start selling again. I will be out of town until next week so I hope you can ring some kaching. Will have to see if we keep see-sawing back and forth or start slipping.

Good Trading Bernard!
Sincerely, Bob :^)

Good Luck to All! :^)

PLAN the TRADE and TRADE the PLAN!


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