Wednesday, February 10, 2010

Wednesday AM

There is a story out about China pulling away from 'risky' dollar assets and into core US Govt securities only. I will say this, technically, if we don't start heading down again soon there is plenty of evidence to say Friday was a low and we are heading back up. As of right now, I am still playing for another thrust lower but the longer we hang up here the warier I become. I think we go and at least test those Friday lows. We will then see if we can hold them. But we should start doing that pretty soon. (like today!)

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