AbsolutionCL

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    Thursday, February 24, 2011

    2-24-2011 Thursday





    I am back, after a very long trip and getting stormed in on the way back then a bout with the flu....it has been a "great" tine LOL! Hope you are glad to have the levels back. Hope they help all :)

    Recap: Overnight inventory is to the downside indicative of long liquidation. We have recovered some of the damage done since early this morning.

    Plan/Hypothesis: Expecting OAIR, will look for yesterday's VPOC at 1306.25's to close. Expecting inside day after two days of large movement, will look to fade the edges unless we get a breakout and some momentum in either direction to hop on.

    Quote of the day: "Excellence is an art won by training and habituation. We do not act rightly because we have virtue or excellence, but we rather have those because we have acted rightly. We are what we repeatedly do. Excellence, then, is not an act, but a habit."~ Aristotle

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