Trade the Cycles

Wednesday, July 02, 2008

.....A Rocket - Skinny Nutritional Corp (SKNY)

Skinny Nutritional Corp (SKNY, not a recommendation) is in the process of putting in a Wave 2 minor intermediate term cycle low, see http://stockcharts.com/charts/gallery.html?skny.

After entering a Cyclical Bull Market in March (see second chart at link above) SKNY did a Wave 1 minor intermediate term upcycle, that peaked in early May. I'll probably trade a modest position once the Wave 2 minor intermediate term downcycle bottoms, possibly tomorrow 7-3.

.......http://wwwJoeFRocks.com/

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