Wednesday, July 9, 2008

1325 S & P Latviski???

I don't think we bounce that high??? Why do think that??? Alcoa already started off with a pretty bad earnings report IMO

1 comment:

Latviski said...

My plan is stage in near 1300 S&P.
1325 was a decent battleground before...support/resistance.

If we get an off the wall stick save it's possible. More likely about 1300 though.

1325 is only about 4% above where we are right now.

Have you looked at longer moving averages on DJIA, SPX, etc (i.e. overlay ~20wk and ~40wk moving averages). Now that's a downtrend!