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Tuesday, June 06, 2006

Dow has fallen 700 points



Today marks the completion of downward Wolfe Waves. As shown in the above chart, Dow has fallen from the highs of 11670 to the lows of 10926. As we stated in the earlier post, Dow actually broke 11000 barrier.

Our system is reacting well to this week's sell-off. We have more confidence in the system than before. By the way, we will not sell our system. It is a discretionary system and can not be automated.

We wish everybody a successful trading career.

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