In my opinion, the market has been through too much trauma in the past few weeks, and I think rallies will be sold. However, we are near the end of the year, so anything is possible. Keep a close eye on 1400.
Tuesday, November 27, 2007
Prayers answered
We got our bounce in the S&P 500, 1400 now becomes an important level to watch. I'm not calling a bottom here, but this is a good start.
In my opinion, the market has been through too much trauma in the past few weeks, and I think rallies will be sold. However, we are near the end of the year, so anything is possible. Keep a close eye on 1400.
In my opinion, the market has been through too much trauma in the past few weeks, and I think rallies will be sold. However, we are near the end of the year, so anything is possible. Keep a close eye on 1400.
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