
... to tell you yesterday wasn't a good harbringer and that we remain in a longer term downtrend. While I had a positive expectancy coming into the week, you have to be flexible in your views in this business.
Fortunately yesterday's warning was enough to keep us out of too much trouble, though in retrospect I'll have to beat myself up for not taking more off the table on the gap up. FedEx has a way of riling the markets; today is no exception. However, I tend to think we should find support around these levels. As an aside, I should be getting back to my cumulative tick posts first thing next week.


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