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geosing

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geosing

Re: airedale88 post# 30740

Tuesday, 01/15/2008 5:07:55 PM

Tuesday, January 15, 2008 5:07:55 PM

Post# of 51804
Aire, YM already at 12440 in the overnight session. Not much further down, I think, but taking a counter-trend trade here sounds awfully risky. Perhaps the cyclic picture gives you confidence in the trade. But the consolidation at 12600 was price acceptance so risk very high on the long side. I don't see rejection of any lows so far. If 12440 does not hold, may be another measured move to 12380 to find some buyers.

Geo
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