Wednesday, January 7, 2009

VOLATALITY GALORE

Yesterday was a classic volatality at tops..huge fall and strong hands holding, expect a rise to 3162-90 over 3140 tops made..( market is at crossroads at 3200 levels can run 150 points either way...)the next few days will clear this..Still will advise caution on all longs..small traders better stay away instead of getting whipsawed daily.. any correction from these levels could take us down to 2930 area below 3060 levels..trade accordingly ..cheers.

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