Wednesday, February 18, 2009

Heads Up

Just a heads up today at the close we sold off. In reality for us traders the close is false and this needs to be watched tomorrow. Earlier today I saw huge volumes going through on the downside but we were holding up well, then around 1:00 we started slowly sell off.
785 was the line in the sand for the S&P and we broke it although not by much. Now tomorrow there is a good shot that 785 will be the important level to watch. Above that you want to be long and below you want to be short.

How are those weekend trade calls working- They are ROCKING!!!!!


MARKETJEDI

Video of the Meltdown

Not much today but I have a video for you guys to watch. It lasts 50 minutes but it will scare you silly







MARKETJEDI

Wednesday

Watch for some early strength. Maybe they try for 808, if not then bam!!!