Thursday, August 27, 2009


Well we did have that explosive move predicted, unfortunantly it came after a good 12 point sell off, so for those who didn't watch the whole day unfold it doesn't seem nearly as big as it was!

Looking back I think that was a brilliant first move by the market makers since CPCI was so high, I am sure it shook out a lot of weak longs as well as shorts just eager to cover for profits nowadays before the move up and eventually to new highs more than likely this week. Pivot points worked extremely well today, if you just sold pivot in the morning and bought the breakout in the afternoon, you would have made out very well as I did:)