Wednesday, May 31, 2006

SIMSCI 31-May-2006: Potential Short

It does not take a bachelor of science to understand that current market is in very negative sentiment. It looks like more than correction. Though I hesitate to say downtrend is in place. I am waiting for price setup to establish short position of SIMSCI.
I am looking at 282.4 as entry level for short position.

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