Wednesday, July 7, 2010

General Outlook

There should be a bit left in this move, however we cannot forget the fact that we are in a downtrending channel. Lower lows and lower highs confirm this. Keep trading time frames shorter and let the market prove itself. "IF" this market has legs there will be plenty of time to get bullish exposure.

Tuesday, July 6, 2010

CEDC

Well an interesting play that may have some upside would be CEDC, play it with a stop around 21.40.