Just finished my weekly analysis.
Recent lows will hold on any pullback and then markets will rally: targets 1160, 1185, then 1220
Q3 Earnings will be below expectations, with dismal reports and lower forecasts for Q4 2011 and Q1 2012 earnings, especially the financials.
Still, I am looking for a strong rally into mid or late December, after a November low, possibly as low as SPX 880
Looking to buy AMZN, EEM, MSFT, FAS, and AAPL Jan 2012 calls on deep pullbacks.
Rally next week after ST low
Started by
dTraderB
, Oct 08 2011 05:47 PM
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