8/3/10

Dow down .36% close with no change in volume. Volume is still below 13 EMA. Again, smart money is still waiting on the side. The decreasing volume in price up trend could possibly mean the bull is running on momentum.

I Enter TAN at 7.91 and set stop at 7.57. Target at around MACD show long term up trend. I didn’t use tailing order (mistake) But we are looking at less then 1% difference. Target at 8.30.

TLT is up 0.58% with low volume. Price movement is not strong. It might drop down to bollinger band bottom.

UNG is down anther 0.76% on low volume. Price movement is still positive in longer turn. Let’s see if I get stop out.

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