If by chance we happen to trade below today's low tomorrow, much of what I have turns down sharply, so that would be a bearish development on a short term basis.
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Wednesday, April 25, 2012
I am busy preparing for my trip. The Bond trade with the system is still long, the stop was approached today but not hit. It is at 141'02 so it winds up one tick below today's low. When trading a system you just can't have opinions, so the trade is a long until stopped out or reversed. Exit remains the first profitable opening.