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POKERSAM

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Re: capt_jmj post# 17587

Monday, 07/20/2009 2:50:55 PM

Monday, July 20, 2009 2:50:55 PM

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capt - I don't think the trip to a new low will happen until after we go up to 1008. We need to complete wave (4) at 1008 before wave (5) takes us down there. These are intermediate waves so they are a little longer term.
Shorter term I think we will go to 905 and bounce hard on the way to 1008.
This will take a few days and give you a chance to make a little money on the ST down. Then you will want to get long.
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