Monday, April 11, 2005


The Dow closed down 12 points today, but the market's sideways movement hasn't discounted more upward movement in the short run. The price bar is still green and the indicators still above rock-bottom. Tomorrow should be a telling day and should close higher. If it doesn't I'll have to reconsider the hypothetical long trade we instituted a couple sessions ago.

To date: -142 points
Previous trade: +165 points
Total: +23 points

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