Tuesday, January 13, 2009

Downtrend Broken?



They may take it back by the close-

4:00 pm - Looks like the break held. Doesn't mean much, but it's a start. At this point, this market looks primed to trap those remaining dogmatic bears. I wouldn't want to be holding on options expiration week directly prior to Captain America taking the helm.

Don't underestimate the power of Hope - Just want to make sure it's going up the "Slope of Hope" and not down.
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