Friday, July 8, 2011

Just A Pullback Or Something Bigger?

Today's close leaves us with a question as to whether the selling was the beginning of another correction or just a pullback.  It looks more like a pullback, but even if it is we are probably closer to a short term top than not.  There aren't many good short setups in my opinion, unless you want to short tops, which I don't.

No more posts until the 18th of July.  Have a great week.

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