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Wednesday, January 18, 2012

Just a quick note

We are still holding our short from 1295..
While the market is grinding high, and we may have jumped the gun a little I believe we are still good.
My read on the market is that many bears seem to be throwing the towel in.
Which might be right if your following technical analysis.
I don't and therefore I trust my work to be right, I believe tomorrow we will be down.
Today's Strong Neptune aspect is giving the market the ideal illusion that all is great and things can go higher from here.
Now there is two sides to this story.
Either I am in the illusion of a down move or the market is in the illusion.
We shall find out tomorrow.

The euro push up was the ideal move which was required to push the market higher and while on the surface it look like it might all be over anticipate the Germans to refuse funding in coming weeks.


cheers


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