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Soveriegn Risk, jobless claims rise

5 min Emini Nasdaq 100

Jobless claims increased more than expected and the recent debt crisis experienced by Greece are all bad news still hanging in the air..
Finally we are seeing some big movement... Price gapped down and kept on sliding all the way till closing bell.

There was not a signal from either stochastics or short-term MACD that allows me to short with comfort! I missed the shorting trade... But, let me remind you again that trading is a disciplined art, we should stick to our rules in all circumstances..

Posted by Michael Taylor on February 4, 2010 5:40 PM |

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