16 April 2007

View From Below

Still underwater here as markets remain strong...NQ's manage to tick 1844.50...so possible double top in place here but as the day wears on the gap fill trade may be thinning out as traders don't want to stand in front of possible fright train...new highs bring 1855 into view...so if stopped out here, I'd shy away from the short side...jfg.

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