Wednesday, January 7, 2009
904
904 just hit - said that would be the downside target for today- MAN BLOG ON FIRE. This is how we do it .
BYE BYE GS now +$6 in a day.
BYE BYE GS now +$6 in a day.
Wednesday Morning
Well we are down pre market on the news from ADP and lower employment and Intel's disappoint pre earnings report. As I wrote in last night notes 922 was important in the overnight session and we broke it this morning in the overnight session, BANG on spot again. Now watch that 904 mentioned on the downside, too much complacency here folks don't get caught up in it.
MARKETJEDI
MARKETJEDI
Important to Note
We have not touched the weekly pivot this week yet. Currently @904 on the S&P. I expect us to touch this tomorrow or thursday so look for a down day somewhere here. I also have an upside target of 952 which is still validated by the charts.
MARKETJEDI
MARKETJEDI
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