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Here We Are!
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Here We Are!

Here We Are!

by The MoleMarch 4, 2009

UPDATE 3:14pm EST: Well – whadayaknow – here we are at the 165% fib line:

If I see some weakness or divergence in the force (i.e. the Zero) I might actually grab a put or two. But I am not in the habit of stepping in front of trains. So, let’s see what happens here. If the zigzag started at 69.40 then we could bust to 73.75 easily. Waiting for instructions.

UPDATE 3:56pm EST: Boy, everyone is running for the exits now:

The last 30 minutes have been ugly for the bulls – mmwwuuuhaaahaaaa!!! Well, if you shorted this one at the peak – kudos to you. I’m still waiting for Godot (minor 4) – this spikes was merely a small degree correction. Maybe that’s the best we’ll get.

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The Mole
Mole created Evil Speculator amidst the chaos of the financial crisis in early August of 2008. His vision for Evil Speculator is a refuge of reason, hands-on trading knowledge, and inspiration for traders of all ages and stripes. You can follow him and his nefarious schemes at the usual social media waterholes.
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