Move to the downside

    Posted by junkie on 24th of Nov 2009 at 07:39 pm

    Steve, From you update tonight I infer that you favor a break to the downside. Is a likely target the 50% retracement at 1071 or it could go lower? Is there a target of this drop based on the length of wave A up? Thanks for sharing your insights.

    Roy - DO NOT assume

    Posted by steve on 24th of Nov 2009 at 10:48 pm

    Roy - DO NOT assume that I favor a break to the downside.  I specifically said to respect a break in either direction for the SHORT TERM.  

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