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Thursday 13 January 2011

Today's index

Today the index moved up rapidly,but unfortunately it pulled back again since the 2nd session. This is what I meant as a fake bull and today we saw a bullish reversal candle which is a shootin star.

This can be only an ordinary candle & also reversal one. For me, it's more to a reversal candle which is sometimes quite valid. For sure, a lot of people would be trapped today, but for me, it's quite usual that we're being trapped in this kind of situation. For those who are in full position, it's better to sell on strength, but still better to be a fat cash right now

Best Regards,
Christopher Tahir
Blog: http://ez-stock.blogspot.com
MSN: chris_tahir@hotmail.com
YM: chris_tahir@ymail.com


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