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Little Chico

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Little Chico

Re: gloe post# 34524

Monday, 10/16/2006 4:21:16 PM

Monday, October 16, 2006 4:21:16 PM

Post# of 79026
Sell Off,...

..seems to have started in the last minutes of the final hour. All indicators are bearish now, on the 60" chart. The price action was barely positive, although dropping below the 10 sma. We have to remember that this is a 60" chart, and is more volatile than the daily chart, so things could reverse. I am preparing, nonetheless, to go short in the morning. I may scale into a position.

Chico
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