Tuesday, July 29, 2008

Short term buy signal kick in


7/29/08

Do anyone see how accurate my TA work for last couple days?? Do I know this morning the crude oil future would drop? Even very bad news for MER but market bounce as I expect before the bad news came out. How could I do that? I just read chart and tell you what I see. It is that simple. The is the "W" shape bottom. Of course, have to see how today closing at what level. But I am so confident market would post big gain to almost cover yesterday loss.

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