9 July 2012

 Medium term overbought still but looks like it could be vulnerable to a short term pump back upwards.

Wait for that wisest of all counselors, Time.

Pericles

Short term still hasn't broken its upward trendline (connecting recent valleys).  Could also have a pump back upwards now that the indexes are sitting on their 50 day moving averages.  Play it if you want, but I don't mess with those short term plays any more.

Death twitches my ear, “Live,” he says, “I am coming.”

Virgil