Monday, October 22, 2007

Sidelines

Today we had a nice hard rally off the lower open, however, we did not cover much ground from fridays loss. That puts me in a wait and see mode. I don't have many swing plays im looking at right now. One i am looking at is in forex, the GPB/USD. Right now i like it as a short, i do not like to chase a large spike down like it had today so on a little bounce i may look to get short so far it seems to be attempting to bounce. Keep an eye on it.

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