Friday, January 23, 2009

THE SOGGY BOTTOM

Interesting week that was and lots of traders glad that it was shortened. Not me thou - made up pretty well with over ### points captured trading /ES.

Market still continues to rebuild some kind of a base, bullish signs building up, Elliot Wave followers recount and renaming waves left and right, supports/resistance lines have been moved around, trendlines bent to fit presenter's stance, bulls are bears, bears are bulls...wacky stuff.

I'll stick with my view "bottom forming/move up soon"

My silver bullet UNG A.K.A. Natural Gas attracted my attention again - will post some charts over weekend.

Lets enjoy the weekend - well deserved after crazy week.

 

THE SOGGY BOTTOM BOYS - OH BROTHER WHERE ART THOU

 

THE SOGGY BOTTOM BOYS - OH BROTHER WHERE ART THOU

0 comments: