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Thursday, May 6, 2010

Time to lighten up shorts

We are in a nice channel down and are hitting the lower end of it in the 5th of this 3. I'm selling half of shorts here and expecting a bounce soon. Should be a couple days of sideways and then one more down. 13/34 ema's daily havent crossed yet but we should get another chance to jump in short when it does.

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