Wednesday, January 26, 2011

Sucker market.

What a sucker market. Good thing the bombing yesterday didn't have much effect in today's trading.

I feel like somebody is going to shoot his own foot in AGI this week. He started shooting when locals started to buy it up to 11.80. I was looking at the 5 minute chart and the gap at 11.80 has been filled already. Next gap is at 11.94.

There was a tug of war in NIKL at 19.98. Looks like the bulls won - for now.

LND sure does look interesting.

LC is already at its uptrend support line. Expect to test 0.561 in the short term.

Changing trading strategy to properly suit up this kind of market.