Tuesday, October 11, 2011

A bunch of people calling a low

There are a bunch of people saying we have the lows in for this correction. This is not surprising considering the move we just had. I think it's a little premature, and I'm still waiting on a Follow Through day.

I'd love to see it AFTER a pull back, because if it comes after the advance we've just seen, it will need a WIDE stop in order to be traded correctly. It will be what it will be, and I've learned not to hope too much for the perfect setup in the market.

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