Tuesday, March 20, 2007

No Buy Pressure, almost



Dear Readers, pressure gages are exhibiting almost no buy pressure and small sell pressure, which, in the context of FED meeting coming up, would indicate that unless some external news drives the markets today, we should have a slow day waiting for tomorrow's FED announcement. If I am wrong on this, then just take everything we have said in last daily posts and follow it. I just think, that the play will be delayed by one day. Good Trading

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