Tuesday, April 17, 2007

Sell Pressure Building

Dear Readers, Remember How the Pressure Gages Work. We need the Sell Pressure to build that will not happen until market goes and/or stays higher so that it builds the sell pressure. After that we can expect turn down into which the market buy pressure will start growing. By the amount of damage to the market at that stage we will know if the market is wounded badly or just scratched and this game goes on until the end of the world( hopefully just May). So, be patient the Sentiment needs to get bullish ( for us to get more bearish) we still need some time for all of it to fall in place. Meanwhile upside potential, is limited ( very limited ) in my opinion. Nothing changed in the currency, energy, gold and interest rate outlook. It just seems like JPY could finally be waking up. Let us watch it. Good Trading

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