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Still in the Box


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#1 redfoliage2

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Posted 04 April 2007 - 12:20 PM

SPX still under 1440 after 2day's struggle. i.e. the 1410 - 1440 box still tight. I hope it can break out to the upside next week. :redbull: :bear:

#2 redfoliage2

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Posted 04 April 2007 - 12:33 PM

SPX still under 1440 after 2day's struggle. i.e. the 1410 - 1440 box still tight. I hope it can break out to the upside next week. :redbull: :bear:

Market still holding up in the face of weak economic data out today. It's unrealistic hope is that the Fed may cut rate soon. Sure, the Fed would like to help, but it's hands are tight with the unfriendly PPI and CPI.