"All human activities have three distinctive features: pattern, time and ratio - all of which observe the Fibonacci Summation Series" (R.N. Elliott - "Nature's Law - the Secret of the Universe" - 1946)

Friday, August 16, 2013

SPX - Downward move still ongoing

The expected decline occurred but does not seem completed.

After three stop loss from -4% to -5% (DDD, BIIB, GMCR) yesterday I closed three positions in profit: KKD + 43%, LNKD + 15%, ACT + 6%; two positions are still open: VRX and SLM.

Have a great trading day...with care!


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