Tuesday, July 29, 2008

Trading updates-July 29

Short JRCC at 38.85 with stop at high of day at 40.17. Target is near 35-36

US Steel X has made a massive move today with great earnings. Short-term very overbought and 170s is 61.8% FIB retracement from the high to low. No action taken yet. On watchlist

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