Monday, April 20, 2009

Trendline Update

This is the day I was waiting for, and I could not even trade it until late in the day.

In 2 days the index went from the top of the trendline to the bottom. Would have loved to have had FAZ during this time! We will probably be down some more tomorrow as well. Oscillators are still pretty overbought, they will stay this way for a few more days.