Monday, June 8, 2009

Some points to look for

920 on the S&P is the level to watch for the bears. If they can get us down to a close below 920 this week more than likely we should head down to 883 level with strong support @875.
Ont he upside 955 is the obvious number a break there should lead us to 968 then above that 1000 area.

The rally is getting thinner but inflation in prices and devaluing dollar can lead us to higher nominal stock prices so be careful

Read link

http://www.nytimes.com/2009/06/07/opinion/07cohanWEB.html?_r=1