Wednesday, July 15, 2009

New T

Terry Laundry has posted a special short term update,, indicating that strengh today would confirm the new T that he had forecast in late June. This new T projects a high in September to early October I believe. He will provide and update this evening.

This seems to fit with the basic observations that have been posted here regarding the price action. Basically, any solid close today with a gain of 1.5% to 2% on higher volume will confirm the resumption of the uptrend.

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