TRADE CALL: RUL ML

These expire JANUARY 2009, so trade with caution.

RUL ML @ $9.20

300 points

300 Points turn around in the DOW - This is some real selling. Also TICK just went below July's lows

BYE BYE Bulls

I guess the bears were just on holidays- They are all back after the Labor day.

1272 clipped here

BINGO !!!!!!!!!!!!!!

1272. THIS BETTER HOLD or THE BULLS WILL BE HURTING.

Here we go

here we go 1272. come on come on

1276 Not holding

1272 SHOULD be next

1272 next level

1272 is the next level. If we breach that today we SHOULD have a negative week

Tick action

We just got the lowest tick reading since July 15 which is the date most are calling for the lows on the financials. Must respect this reading as it could be signaling a climatic change in sentiment of a precursor to more selling.


1276 is critical

1276 S&P

For those who want to know 1276 is serious level here. The fact we were up nearly 250 point his morning and they sold us off to that level we should be mindful of the mentality of the traders. I do believe we will hit 1307 in a couple of day if we hold this 1276 area

POT

Totally dead- Wish we played it when i mentioned it @220.
Geez commodities are dead here.

Please no one in commodities. They should bear flag and go lower

Lets watch here

If this level holds we can see 1283 before close again.

1276!!!!!!!!!!!!!!1276 HIT

1276 HIT-
The power of technical analysis

Push down here

Push down watch this 1276 level

Broken

1276 here we come- should see some support there

1278 again

2 hits here- see if it holds

Possible

Possible scenario that we hit 1276.25 on the s&p today. Lets see what happens

Lower

We look lower here - i would not be long

Levels to watch

Must hold that 1278 level on the S&P or we will head lower.

Back to the same

Back to the same sell the rallies. We were up 250 on the DOW this morning and we gave it all back wow.

Let's get some volume

Let's get some volume this month and I am sure we will have an excellent month.
Oil, Gold and commodities all crushed here, Lets see if they lift the market on this.
I am still in a bearish mood but think they can push us to that 1325 level on the S&P, we will see soon enough as 1305 is strong resistance.


MARKETJEDI