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k_trader

06/17/11 3:00 PM

#1002 RE: chmcnfunds #1001

Was a good run today, I am out @ 4.66 daily chart is showing major resistance on center BB right now (around 4.61) with a hanging man candle looking bearish to me.

I suspect that Monday we might see the start of another pullback as it looks like our pincher play is failing on the center BB which is quite common.

I will let this one take a breather and possibly reload if it does indeed continue to retrace.

Good luck to you.