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DOW retraced 1/3rd instead of 50% - A Short Sellers' Heaven! |
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Written by Edward Chen
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Tuesday, 31 July 2007 |
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The DOW retracement was weaker than the 50% as expected from my previous journal. It gapped up and stretched to reach a 1/3rd retracement and came back to re-test the recent low. |
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Last Updated ( Wednesday, 01 August 2007 )
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First 'long red bar' half was re-tested. What's next? |
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Written by Edward Chen
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Tuesday, 31 July 2007 |
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No surprises. The triple bottom was utilized to bring the DOW higher. Next stop, 13621.545. |
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Last Updated ( Wednesday, 01 August 2007 )
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Written by Edward Chen
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Monday, 30 July 2007 |
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Pre-market outlook after last week's blood-bath on the Street. |
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