Wednesday, November 4, 2009

2 out of 3 ain't bad

still not getting the full fledged buy signal from the rydex MM indicator but overall the rydex buy signal is quite solid. Remember, this is a ST indicator.
It looks like we're going to get a strong gap up open....you know my feelings towards gaps.

The game plan I mentinoned Monday may in fact play out here which was a good rally followed by a retest or lower low (of the recent lows) sometime later in the month. We'll just see how it goes.

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