Wednesday, May 20, 2009

I have to post the new signal: BUY

After I viewed the chart and posted it here for intermediate play, the Pivot Trend System signaled BUY at today's close. As you know, the Pivot Trend System is a short term player, averaging 3-4 days holding periods.

So for now, it is not a bad idea to either lock the profits on short positions or add some hedeging long positions. For me, I didn't open any long positions today. May find a better entry tomorrow just for short term play.

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