January 6, 2011

' b ' shape - Long liquidation ??

Nothing much to post now as 3pm update covered all days action.
Profile shape looks like " b" today (yesterday was " P" :) )..does that mean longs getting liquidated..
Attaching Profile chart..inset is one of the contra trading system snapshot.. based on that i have created Bull Call spread today. sounds adventurous  ??? dunno..Risk : Reward looked good.
 Lets see tomorrow, how market opens.

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