April 6, 2009

04/06/08 Intraday commentary

11:50am

New low printed.  My shorts are doing pretty good.  XLF lead the downtrun.

11:30am

Market continues to show lower low and lower high, today could be turning point.

10:21am

The market has no strength and falls at the 50ema.  I opened some shorts positions and added to the newsletters. 

9:33am

The future is lower and I will wait till 10am to open some shorts today.

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