Thursday, May 20, 2010

TECHNICAL CALL AND MARKET ALERT !

Rule of thumb, give MORE weight to price action which breaks prior LOWS (or highs). I have circled prior price lows on daily basis.

Futures have turned heavy seas down ahead of jobless claims 8:30 data........ I just posted above....some job LESS recovery holy crapola!

Jobless claims shoot to 471,000, some recovery

D

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