October 5 2009 – Caution suggested

Tue, Oct 6, 2009

US Commentary

With the daily trend down I am unwilling to make any new long trade recommendations with conviction. Todays advance looks promising on paper but it was unsupported by volume. If you feel you want to tinker then ensure you do so with smaller risk until the trend sorts itself out. It’s still too early to make any bearish recommendations as yet. Trade carefully.

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Nick Radge - who has written 899 posts on The Chartist.


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