Thursday, September 8, 2011
BINGO
So we hit 1201.50 overnight, actually 1202 and now we are negative 30 minutes into the trading day. Sitting watching the action but I think Obama's upcoming speech has most on the fence.
Wednesday, September 7, 2011
S&P
numbers to watch on the upside- 1201.50, then 1211, then 1230. These are the measured Fibonacci numbers
Nice
Nice move on the upside just little volume. This is the best situation for the market here as we started September as the worst September in 30 years. The bad thing is this is a measured move and it will end after it hits its targets. First target is 1201.50 which is a gap in the S&P then we have 1223. I would love to see the 1230 area for a nice shorting opportunity.
Tuesday, September 6, 2011
Very Interesting
http://www.businessinsider.com/josef-ackermann-euro-banks-speech-frankfurt-2011-9#ixzz1X76elvHS
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