Wednesday, February 20, 2008

Borrring!!!

I have not posted in awhile b/c not much is going on. We are consolidating into a nice tight triangle on all the indices that will soon break out. The rule is that these paaterns usually break out to the side of the trend, which is currently down. However, I am thinking that the break will be to the upside b/c of the level of negativity out there. I still hold FLML but am getting sick of that position. I continue to sit on my hands until something develops. I will post when I decide to take some action!

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