december short term trading part 1, page-99

I hear ya Hotfire,

It's crossed my mind as well.

I'm not holding a very large position right now and was going to add to it on the way up.

I will wait and see what happens over the next day or two.

To see if they are just mopping up a bit more supply.

I want to see low volume on down bars & higher (but not excessive) volume on upbars, like we began to see for the last week or so, up until Friday.

This should turn around fairly quick, if it's going to, if not, I'll follow you lead, then watch for another entry later on.

The Weekly chart doesn't look too bad & it's really only the last two bars on the Daily that are ugly.

cheers