Tuesday, October 28, 2008

Rebound ?

I think that today , after 2 days of big consolidation it seems we are finally arrived at the final capitulation. After steep and precipitous losses in the final 15 minutes of trading yesterday... now the weak hands are off, and we can go up and prepare for the probably year end Bear Market Rally... which could be enormous and take the ES at 1200/1250 area... with a peak at 1300 but from there SHORT because we could return here really really fast.

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