These charts constitute an overwhelming body of evidence that a new centerpost was confirmed about 10:00 AM this morning 1/19/2010. We can either lead, follow or get out of the way because this market is going higher. I executed the following orders this morning:
Bot DIA @ 106.58
Bot BGU @ 56.63
Sold Short BGZ @ 15.75
It takes a long time to upload my charts so I am ordering a faster Internet service. DC
I am placing Stop Loss orders at the following levels:
Sell Stop DIA @ 105.40
Sell Stop BGU @ 54.90
Buy Stop BGZ @ 16.35
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