Thursday, May 6, 2010

5/5 2:15

Nasdaq Comp major support at 2326, the old high.

4 comments:

  1. Steve

    Market just took that support out, where do you think it goes from here?

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  2. The support at 2326 is holding, but with a wide range, say 10 points. We will know it held if the market can keep to this range and close above 2326.

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  3. Steve
    We are crashing

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  4. Yes we are. However the rally spikes are so sharp. I1 bottoms Monday. Jobs report tomorrow AM. Too much volatility for me to make a low-risk re-entry.

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