Friday, September 23, 2011

22 Sept 2011

 closed below recent lows.
 broke out of triangle, but stalled somewhat.  hit bollinger band and reversed.  not above recent highs.
 nearing oversold in the medium term again.
oversold in the short term.

i closed about 60% of the shorts that i initiated last week, and was worried about them then, but was happy today.  i didn't want to, but with my short term indicator so high, i figured the world's bailout circus would fire up again soon and reignite some animal spirits for a day or two.

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