15m BTC-E An exercise in patients

After liquidating longs at the OTE short sweet spot two days ago I have been more than happy to wait patiently for an OTE long sweet spot tag to re-enter. That level was around the 619 area and I have been working my orders to buy there. We got as low as 622.90 yesterday but could not punch our way down into my buying zone. I woke this AM to see Willy had entered the 'stupid overbought' zone (15m) on the rally back up top so I have decided just to leave my order at the OTE long sweet spot and if tagged then I will get back in, otherwise I will just sit in cash and bide my time.

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