Well that was fun for the boyz. The closing at the high was highly indicative of a short squeeze. Just like the “Get Shorty” strategy from the Enron traders - I suppose GS must have bought the book from them. Anyway this wave 2 is acting just like Minor wave 2. Which means it could go on a few more days. I have laid out the possible end point/zone on the 10 Min chart and laid out a good trend line on the 2 hour chart. Saying this we could have ended the rally today. Enjoy!
10 Min Count
2 Hour Count
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A young and savvy, yet experienced and accomplished investments mogul since ‘01; Michael has amassed a fortune as a private self investor. Recently starting his own successful blog and turning it in to a corporation — MIV Investments Inc., a company offering advice to thousands of people worldwide and attracting contracts from various reputable sources. His articles and publications have been linked to Forbes, CNN Money, Reuters, Bloomberg, and many other top worldwide mainstream media sources.
Michael Vlaicu
