Good article...
www.investmentu.com/IUEL/2008/February/buying-stock-in-microsoft.html
Wednesday, February 27, 2008
Wednesday, February 13, 2008
Almost there...
The major markets have moved up nicely the last few days and we're getting close to the top of the trading range again. 1406 is on the radar, but we might get a slight pullback before a re-test of this level on the S&P500. Another nice short setup seems to be developing...
Thursday, February 7, 2008
QQQQ, SPY, $SPX, $INDU, $XMI....
Take your pick of any index ETF... and you have yourself a nice short term trade to the upside, with a stop just below the Jan 23rd lows.
If 1310 holds up on the S&P500 this week, then we can easily see a bounce back to 1375, and the critical 1406.
Overall I'm still bearish on the markets, but I feel that 1406 has to be tested as resistance before the next leg down.
It's a short-term trader's market as long as the $SPX is confined to the trading range I mentioned in my last post.
Check the ticker for the latest...
If 1310 holds up on the S&P500 this week, then we can easily see a bounce back to 1375, and the critical 1406.
Overall I'm still bearish on the markets, but I feel that 1406 has to be tested as resistance before the next leg down.
It's a short-term trader's market as long as the $SPX is confined to the trading range I mentioned in my last post.
Check the ticker for the latest...
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