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Obama or McCain? Market muted before election...

5 min Emini Nasdaq 100

Hi,

Maket action is muted before the election, even traders are suspending trading and thinking about who would win the elections?
Look at the candlesticks.. shortbodies and long shadows..moving averages are flat..Bollingers narrow.. do you really want to trade in such conditions? Control your greed, know when to stay out when the market says so...NO TRADE TODAY.

Posted by Michael Taylor on November 3, 2008 5:50 PM |

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