Trading for the Masses

Trend Day Down off the Open

November 30, 2007 · No Comments

Well the market ripped overnite as Bernake Puts flew along with Paulson/ W attempt to gidde up this market with the housing situation. Bottom line is the market had rallied back too hard and too fast, up nearly %6 in the past 4 days off the 1406 bottom in the spoos and reached up to major resistance @ 1495. Very technical and very fitting closing for the month and week today. We will see you back next week. Enjoy your family and friends and be safe out there.

Categories: Charts · Futures · Psychology · Stocks · Technical Analysis · Trading

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