Just wanted to thank everyone for checking out the blog, I put a site counter on the blog Tuesday at 1:30p and as of 7:00am, we have had 500 page views! Thanks for support and as always, I will do my best to bring my A game. In addition, we have some great commentators, like RT, who will continue to bring great ideas and analysis. Now for business as usual...
The S&P 500 chart is displayed above. I believe if we can hold these 750 levels, we should test 777 and if we break that, we can get to 800. However, if the test fails and we fall below where we are at now, I personally believe we will test the 700 and possibly 666 level (so lighten up the longs and build some shorts). Charts are not always accurate but frankly, this market is a technican's market and sometimes these charts DO NOT lie.
Watch volume and use the S&P as your guide...as always good luck and hope you make some $$.
I am "LONG" this blog dude. In due time, this blog will get 500 - 1,000 hits each day.
ReplyDeleteRf and I really have a lot of fun posting what we are thinking - spread the word to everybody you know! Rf is up 107% and it is only March!
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