4-1-2008 : GS is bearish

Last nite GS presented another good opportunity to short @ 208.
Broke 206 down is bearish, and both daily and 15min chart support bearishness.
However, it has a false breakdown at earlier hrs, and rose back again to 208, before taking a fall back below 206.

But this is enough to trigger stop loss of many who shorted, including me.

The only thing i can say is shorting at earlier hr is not safe mainly because its not ERF#1 yet. later it was at 208.

Thus need to be patient to short also.

daily
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15min
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