We have broken the supporting trend line. Looking for the following support lines, 909.75,then 904.75 with major support to 899.50. We have to get to 894.50 and below to break away from the support.Watch out for the invisible hand. Fed dollars come pouring in ... Read More
15
Jun2009
10
Jun2009
looks like we still have a bit of indecision. Looking for a break out over 959 to new highs or a break of 943 support. We are hemmed in here. The invisible hand is holding this market high enough that confidence is coming back into the system.It ... Read More
12
May2009
In 41 so-called bear market rallies since 1928 -- gains of more than 10 percent that are later wiped out -- equities fell an average 25 percent after peaking.