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"Trade What Is Happening...Not What You Think Is Gonna Happen"
Naz chart indicates further down side this week...http://stockcharts.com/def/servlet/SC.web?c=$COMPQ,uu[w,a]daclyimy[dc][pc20!c50!c200!f][vc50][iLl14!La12,26,9!Lh39,1!Lb14!Lc20!Lf][J801963,Y]&listNum=3
The short term A/D and U/D vol oscillators indicate we have a little more downside on the Naz...That doesn't necessarily mean we will be down on Friday...However, the Futures are down 6.5 right now.
We bounced off the strongest Support level of 1990 today which is a positive sign...but I'm not going to go out and celebrate just yet.
Current Holdings remain...GMAI, WITS, HANS, HURC, ZIXI and my lunch money play FMTI.
Usually, I do not hold when the Naz turns...however, I am confident that the first 5 listed will rebound when the market turns next week...Best to All...IIC
"Trade What Is Happening...Not What You Think Is Gonna Happen"
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