Most indexes have had a healthy consolidation after the breakout last week, while NASDAQ keeps going higher. Financials are short-term oversold. As I mentioned before, VIX is on its way to 15.50. New highs on SPX are pretty much guaranteed. Maybe we will run into some trouble after making new highs (too soon to speculate), but right now any pull back is a buy. And I think this pull back is over.
Denleo
I don't see any downside here
Started by
denleo
, Sep 26 2007 10:56 PM
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