Important update

Posted on November 21, 2011 by alphahorn

there probably is a bit more downside, but will be taking profits on any breach of the 21EMA on the 5 min ETF charts!!!!!!

11:15  c.s.t. out of all ETFs, but like I said there is likely another small move down to go. I just have to leave for a bit

About alphahorn

I received an MBA from Columbia University’s Graduate School of Business in New York and am a Wall Street veteran. I’ve worked for a number of investment banks including Smith Barney and First Boston/C S First Boston in New York. Over the years, I have developed my own Proprietary Swing System and I combine that System with my own Elliott Wave Analysis to trade.
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2 Responses to Important update

  1. Tony D. says:
    November 21, 2011 at 2:47 pm

    Nice guidance – thanks Alphahorn. Easy to forget but just prior to this amazing drop, the talking heads had already carved a path straight to 1400 and positioned the bulls for that event. Your guidance kept us on the right side. I cashed out at today’s lows but will keep my Gold short till your technical indicator turns around.

    Reply
  2. alphahorn says:
    November 21, 2011 at 3:15 pm

    Glad the service is working for you. we’ve had a GREAT, GREAT year.

    Reply

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