This blog is a journal of charts on ASX stocks in various point in time. You might find charts on Major forex pairs,Nasdaq and SGX stocks as well.It reflects the author personal view. Its neither advisory or invitation to trade. All done in the interest and passion for the market, trading, technical analysis and elliot wave. And to exchange view, opinions with traders worldwide. .
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Wednesday, September 15, 2010
Feeling abit jittery about the o/b level of Dow and also keeping an eye to short CBA, I have closed most of my positions. Can't really reconcile the contrary long positions with bearish outlook. Although I must say stocks live Harvey Norman which I have closed went up 8cts more today and I have an Aladdin lamp setup on it. However some I have done well to close like BP & WHC. CSR I have closed but set up is still good, but the overall bearish feeling got the better of me and I can't bear to see the good profit erode if the bearish scenario plays out. I am now left with WPL which hopefully breaks out of it's range.
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