Monday, September 20, 2010

9/20 10:30

The overnight high last week was Dec SP 1132.75.  This high must hold for the count to be right.
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2 comments:

  1. AnonymousSeptember 20, 2010 at 7:27 AM

    Steve

    I agree, that should be it, any move higher would be disaster.

    Jack C

    ReplyDelete
  2. SH^RKSeptember 20, 2010 at 7:39 AM

    Just be aware of FOMC meeting tomorrow. If natural business cycle prevails, we should selloff starting tomorrow until we enter into bear market territory, which is at least 8,900 on DOW. Will probably take an interest rate hike or limit reserved ratios for that to happen.

    ReplyDelete

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