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Nothing Special - October 6, 2011
Forum Clusters 111006.xlsx
I can’t find any clever things to add to what you already know. The IWM trade was entered at the open (64.78) and the trailing stop is now at 60.64. The tactical pullback did not materialize and the market kept strengthening in a very broad and orderly manner. Tomorrow’s employment report will be the catalyst for follow-through, consolidation or pullback. Until then we just need to stick to the robot’s trading plan.
No advised trade on GDX.
Billy
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