Observe & Trade*
Observing the stock market technicals and exploring opportunities to trade
'
Trading is a process of observing the market's action until such a time you can find and form trading ideas and get involved.'**
Tuesday, October 4, 2011
Very nice vertical leap from Mr. Market (YM) one hour before the close.
Lots of shorters got surprise with the move and all of them run for cover.
That's a big move by the market today.
Bulls starts to get their traction.
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