Saturday, January 30, 2010

Cut loss NVDA, Let Profit Run for UUP

Quick update, we cut loss for NVDA position, because it break the support. Meanwhile let profit run for UUP, it break resistance which give uptrend signal.

Dow jones also break support. Looks like dollar will go up meanwhile stock market,gold and oil will go down. The dollar carry trade may start to unwind, stock market may continue to go down for short term.

Best regards

Snip

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