Wednesday, May 12, 2010

Today's short term charts...



The bottom one looks almost perfectly like my prediction from yesterday...The top one shows additional trendlines..If the market greatly exceeds these lines in the next couple of trading days, then something else is going on...(High frequency trading, perhaps?)

2 comments:

Hopper said...

Thanks Mark for all you hard work.

Still holding my shorts.

mlytle said...

Hi Hopper,
As far as I can tell, the market is rolling over...by Friday we should know for sure...

Regards,
Mark L.