electra,,,susan posted a couple of summaries from the "pros" earlier this morning, late last night, which echos some of my thoughts...
2600 on the compx will provide resistance, then 2700-2750..
I really don't know what to expect other than I'm still hesitant on longing many of the techs for more than a day!,,, although i've held psft for a week? or so... comfortable with defense until the charts suggest otherwise...
tax selling, maybe the selling took place late november?,,,earnings season just under way with January rolling around with more downside surprise? a return to valuation investing? more layoffs?
Message 15070379
kinda doom and gloom, huh?
I have maintained that we will visit 2200 compx and nothing has changed my mind of yet, but that does not prevent us from having tradeable bounces in both directions |