“Those who have knowledge don’t predict. Those who predict don’t have knowledge.” Lao Tzu, Chinese philosopher, 6th century BC

PAYPAL

Tuesday 13 November 2012

13 Nov 2012

Im leaning for more rally tomorrow for the markets, although we are trending downwards.  The reason I say that I'm lookiing for a rally is because the movements in SPX seems to be sideways for me and 15min stoch. have reached oversold.  A turn up allows room for SPX to move up tomorrow, before a continued move down.  The best solution during these sideways pattern is always to stay out of course until it clears itself out.

No comments:

Post a Comment