Posted by junkmaylbox on 22nd of Dec 2008 at 08:41 pm
I don't know if the arguments like that actually matter assuming
that they could be resolved now. They will be resolved later, which
unfortunately is of no assistance for trading _now_.
My hunch tells me that ravun's interpretation of double top at
918 is probably correct, if the market does not break it this month
(which I am fairly certain of). I reckon positioning shorts close
to that would be a low-risk trade.
cspirit, Thank you for posting major support and resistance
levels in other posting. Good luck!
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I don't know if the
Elliott Wave
Posted by junkmaylbox on 22nd of Dec 2008 at 08:41 pm
I don't know if the arguments like that actually matter assuming that they could be resolved now. They will be resolved later, which unfortunately is of no assistance for trading _now_.
My hunch tells me that ravun's interpretation of double top at 918 is probably correct, if the market does not break it this month (which I am fairly certain of). I reckon positioning shorts close to that would be a low-risk trade.
cspirit, Thank you for posting major support and resistance levels in other posting. Good luck!