Friday, December 14, 2007

MARKET UPDATE

Will we get a strong close like yesterday or will we sell off ? The market opened weak and attempted a rally and currently it is retesting the lows. A successful test may mean a rally into the close. From a bullish perspective a strong close is good. But I am currently leaning more towards the bearish side and I wonder what happends if we don't get a strong close. The wheels could fall of the market fast.

I added more QID SRS SKF FXP a little earlier though I may sell them if I see strength going forward.

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