Friday, March 11, 2011

Thoughts For Next Week


We had a nice reversal today on the gap down. This bodes well for a rally next week. Once again, the bears were unable to hold onto advantage, as the Dow and SPX are now both trading above important support of 12,000 and 1,300, respectively.

3 comments:

  1. Take that Marc faber and dr doom

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  2. Bulls 1 bears 0

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  3. Actually bulls 2 bears 0. Reversal counts for 2

    ReplyDelete