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      06-06-2012, 03:41 PM   #972
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Drives: BMW E90 LCI
Join Date: Feb 2010
Location: BC, Canada

iTrader: (0)

Intraday reversal and US treasury moves this week are confirming a possible ST bottom. The rebound has ran into 1310 downtrend resistance and we will need to hope for a good, and I mean GOOD, meeting with Bernanke tomorrow. Today's trading Volume is on thin ice, less than what we were seeing last Friday in the sell off. Either dead cat bounce or a ST rally that does (it's possible) have the potential to make a new high before a crash.

I added some more small positions back into shorts. Will be watching tomorrow for clues as to whether a long should be initiated.