Saturday, March 14, 2009
(sell the top, buy the bottom of the wedge)
We are AT, (or extremly extremly close) to another tradable TOP here.
2 white candles in a row, hasn't happened since sep 2008.
Most importantly the RSI resistance has held since mid 2007. I don't see a catacalysmic event breaking that trend. (the longer the trend, the stronger the trend)
Let the pro's on TV look for the bottoms, since they so very great at it. :o)
Posted by Erik at 9:08 PM