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.
Trend Day Down off the Open
November 30, 2007 · No Comments
Categories: Charts · Futures · Psychology · Stocks · Technical Analysis · Trading
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