04-05-2007, 01:43 AM
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Super Moderator
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Join Date: Apr 2005
Location: Albuquerque, New Mexico USA
Posts: 1,380 | Points: ( Donate)
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Quote:
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Originally Posted by grizzums
Mkt set to open higher on hope that Iran/ Britian hostage sit may be able to be resolved....
Oil down, futures modestly pointing upward...
http://money.cnn.com/data/premarket/
I am pretty much mkt neutral but sitting w/ long positions on select securities...
I am closely watching the SPY and the 140 pivot and 144 resistance
http://stockcharts.com/h-sc/ui?s=SPY...747&listNum=13
new mkt highs will swing me bullish and a break below 140 will be bearish |
FWIW, experimenting with some things...
method says strong move due to begin on DOW this week, which has not yet occurred. not real confident of direction, but suggests downward, with thursday and/or friday closing values lower than today's 12530.05
EDIT: oh, you're looking at the SPY... wondered what that 144 business was abt LOL... okay, i'll run that thru the little black box too and see what comes out
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get the cd. it's how money gets made.
Last edited by orange : 04-05-2007 at 01:47 AM.
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