Monday, November 2, 2009

Here it comes

letS do it market you know you want that 1023- Please let me say BINGO! :)

Funny

They ramped us up to +130 points on the DOW now we are only +10. If we don't bounce around here I would not put it pass us trading down to the 1022/23 level today or overnight.

Number to watch

1050 on the upside as resistance today and 1022/3 area as support.

This week-

Watch out for S&P 1000 this week!!!!!!!





I do believe the evidence overwhelmingly supports the case for an intermediate top being in place.
If I'm correct in my assessment, wave [ii] will be a "suckers rally." Wave [ii] completion should provide a very nice shorting opportunity, and a place to get rid of your longs.