Posted on Tuesday, 2nd December 2008 by Steve Warshaw

On the 21st of November, we predicted that the markets would continue to break down, predicting a new target for the DOW of 6600
On the 24th, we wrote: S&P forecast November 24th, 2008 - Sell The Relief Rally
So with 5 straight up days in the markets creating a buzz about a bull rally, how did [...]

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Posted on Wednesday, 29th October 2008 by Steve Warshaw

Hi everyone,
I’m sorry but I have to keep tonight’s post short.
Today the market took the bounce I predicted last thursday, and MON took a BIG jump up.
However, the jump really didn’t change anything technically. The rally paused just short of the 50% fibonacci retracement from the October 14th high of 86.79 @ 83.68. I’m going to [...]

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Posted on Tuesday, 28th October 2008 by Steve Warshaw

Today the market didn’t do exactly what I had expected, but Monsanto actually did. Last Thursday evening, after the market turned from a huge loss to a decent gain, I decided to sell 1/2 of the position towards the end of trading because of a recent trend of early week rallies.
On Friday, Monsanto actually had another down [...]

Tags: chart, mon, monsanto, position, short, short pick, Technical Analysis, trade, trend
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