Wednesday, March 30, 2011

New highs

New Highs being made here after the first hour. Bullish tone being set. look for that 1329 for some reaction

Level to watch for today

Levels to watch are 1324.50 and I have a final projection up to 1329, which will definitely be hit (not necessarily today).
On the downside we have 1320 and 1316 to watch. We in bullish mode here as we get to end of quarter and many money managers will be running to own stocks that performed through the quarter to say they owned it though just for one day (amazing), never the less they should be more of a buying mood since their have been stocks that really outperformed.