Asian Business Issues - Rants & Raves, Illusions & Collusions etc.
Friday, May 22, 2009
Quick Trading Note
The market has gotten to my target of 1,048 and judging from the movements since then, I think there isn't sufficient energy or momentum to push things through 1,050 to 1,072 as the next target level. Hence I would liquidate most of my trades and look for better re-entry levels. Possibly around 1,008-1,015.