Monday, April 28, 2008

Keep Exit Strategy in Hand

I am not sure how things are developing but FED can move the market in either direction. I am watching money flow indicators and they are somewhat neutral. I am not sure how MA will react after earngings but I think it is not a good idea to buy anything infront of earnings in the current market, especially if you are holding for short term/swing trade. I am out of all Agri and may cut most positions tomorrow before FED speaks out.

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