Friday, February 19, 2010

Gap and run

The tittle of my post is the program for today's session in the stock market. Yesterday's one  proved  just merveilleusement my EW count. NDX has stopped right at 61.8% retracement of the intermediate wave 1.
After market FED's announcement proves that they have good EW analysts as well. In any case, the message is pretty clear: "drop stocks, currencies, commodities and run on treasuries". So, don't fight the FED.

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