Wednesday, May 13, 2009

Okie

So we have a 3 day losing stretch here in the markets. I would not get overly bearish yet as the bulls will NOT give up without a fight. More than likely we test 876.50 overnight or tomorrow and that might give us a bounce.
There is a possibility if the selling accelerates we can get down to the 854 level which was resistance on the upside, let's see what shakes.

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