Wednesday, June 10, 2009

SURGING AHEAD

Markets opened higher and frenzied short covering took it zipping away in no time...Please note markets have crossed the OLD SWING of 4649( August 08)...and closed over it..( FROM YESTERDAYS LOW 300 POINTS PLUS) Markets will always remain bullish over this level...The NEXT SWING or swings over this are far away..The intraday unwinding also was quick & swift..so care should be taken in longs in the next day or so..enjoy the day ..cheers..

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