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Strategies & Market Trends : Guidance and Visibility
AAPL 273.67+0.6%Dec 19 3:59 PM EST

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To: J.F. who wrote (162548)7/27/2007 6:12:20 PM
From: J.F.  Read Replies (1) of 208838
 
My opinion (probably about as good as anyone's) is that we've had little better than a 5% correction on the weekly from just setting a record high.
I think the anxiety levels at 14K are huge especially after just recently closing the 13K gap in the same time period (one year or really 6 months).

I see a tentative open on Monday and then a rise into Tues and where it goes from there is the next level.

More text 2 follow





Now I don't have any idea if that helps but valuations are the same as they were a week ago for many stocks. I do think the stocks that rely heavily on credit are goin to get hurt here.

By the by Doug (highly respected TA guru IMO from 56 thread) has mentioned SKNN as an interesting stock 2watch and I might as well throw it in here for folks to put on watchlist or do DD on - I have begun and will continue over the weekend.

jf...
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