August 9, 2009

pullback needed

we are on the top of the wedge and a pullback is needed here.

 

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If we break up above the wedge, 1200 is really insight. 

 

I checked some of my previous post to review my thought process.  I said before we make the higher high that I will go bullish if we break the 960.  i am wondering what made me not following my original plan… maybe I am too bear biased these days…  yesterday, a friend told me that market will heading down when i start going long.  hehe, maybe i need to sacrifice myself to take bear’s day back.

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