Monday, December 17, 2007

Nice ride on DRYS

DRYS broke down further today. It broke the critical support around 81-82 and that accelerated the downfall to 71. I have covered my short here. My entry was in 85, 89 and then at 81. I am expecting to see a bounce from 69. If it breaks 69, I will reenter my short but I guess it will more likely bounce from that level.

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