Just doing my weekend homework and friday Morgan Stanley lowered there year end estimates on the S&P to 825. Today we are 755 so I guess we are close to a top by Morgan Stanley. Who the heck knows with all these idiots they were calling for DOW 17000 :). Anyways tomorrow should be very interested and the important level to watch is 732.50. If that is broken I think we will have a down week this week.
Lets talk it slow here but I assume we are at or almost at a top of this little bump, we will see soon enough.
I have a play for you this week, I am just waiting till around lunch time tomorrow.
MARKETJEDI
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