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Thanks for the input. Yeah, I was thinking a small correction too after post holiday volume returns. That's why I put 50% in G.Continuation looks attractive I agree. However, when I look at the $INDU chart and see a failure once the RSI breaks the 75 bull line there is almost always a decent pull back. Very strong finish for 2013 puts a pretty good green light on for 2014 imo, though I'm still looking for a short term correction in January. I know what many would say to me too, keep saying pull back and sooner or later i'll be right. lmao.
Not making any change today. 50G, 25S and 25C for New Year.![]()
The rate of decent is slowing as we get near the gap at 1833.5. So don't worry yet. I'm expecting a bounce soon.:blink:Wish I was there...instead of 50i. Looks like you got some lines to redraw!
Now the wonder is if we see it before deadline. It can cause some to worry and exit. I don't drop another 25% until weakness is shown at 1828. You?
Me too. The test of the 11 day from below was too much for traders to bear. Or did they bear up.:worried: Getting close to my decision line, so tomorrow I may decide.Staying in because the range is still intact and tomorrow is Friday. I am thinking that we will have a slightly clearer view of the month on Monday.