Edited by Teaparty, 26 August 2008 - 07:44 AM.
Short term bullish potential
Started by
eminimee
, Aug 26 2008 07:42 AM
4 replies to this topic
#1
Posted 26 August 2008 - 07:42 AM
shaping up on ndx and rut.....spx seems to be being pulled around by it's nose and farting around.....
If NDX can hold 1875/77...it's got a good chance of seeing 1990
RUT must hold 720 and can see 745 at least.....Where spx can go is uncertain...but MUST reclaim 1275 on a close for higher....OEX must hold 583.50ish on a close.
#2
Posted 26 August 2008 - 07:55 AM
PS...if Dow holds yesterdays low , give or take 5 or 10 points...there is short term bullish potential there too.
#3
Posted 26 August 2008 - 08:25 AM
Thanks for the perameters Teaparty.
"The power of accurate observation is commonly called cynicism by those who have not got it."
--George Bernard Shaw
"None are so hopelessly enslaved as those who falsely believe they are free."
--Johann Wolfgang von Goethe
#4
Posted 26 August 2008 - 08:56 AM
We are somewhat overdue for a +3% day,,,, just be on alert
#5
Posted 26 August 2008 - 08:58 AM
Also due is a stop trading day. Trading curbs in.
If it can be cornered, it will.










