Friday, January 9, 2009

More downside likely in the ST

JB3 here,

More comment cleaning.

Sorry - haven't been around much. Have been quite occupied elsewhere this week. I won't be around much on Fridays for the forseeable future.

I was going to cover my additional short scalp nibble a moment ago but the patterns of the 5min chart tells me there's more downside, at least in the ST. That is interesting to me, because we're close to some fairly decent trendline support according to my charts - which could indicate that support is about to be broken.

We'll see, I guess.

Still short overall, but not as exposed as I will be once some support levels down a bit lower get taken out.

Hope you're all having fun.

Cheers.

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