Friday, July 15, 2011

Swing day effect

Hey folk

Folk you seen the swing day effect. it always create a opposite direction.

Talk about downgrade of US and whatever, you know what. I have not change my forecast for S&P500 and the rest of the indices since beginning of the year. It is still going up, technical analysis tell me this. How does it do that. Fundamental always come out in the chart first.

Yes i am mostly on short now. But this is just for now.