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Strategies & Market Trends : Ask DrBob

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From: chichi212/15/2008 7:55:44 PM
   of 100058
 
Alert MajorMoves Comments for 12/15 by Chi2

siliconinvestor.com

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Boxer "DnNote Starts Week" 12/15_StkOfDay_DRYS

Boxer "Chart of Day Video" = StkOfDay_DRYS
thetechtrader.com

An Excerpt

"... the indices were down for most of the session and threatened to break down sharply late in the session but were saved on a late rally. Still, a negative start to the week."

"On the plus side, the indices continued to hold their rising trendlines off the October lows, and the pattern off the recent highs continued to look orderly and constructive to the downside. We'll see if the indices can right themselves, take out overhead resistance, and then take another leg up, which we are expecting."

"Right now key support is in the 1157-60 area on the NDX and at about 852-55 zone on the S&P".

Boxer Closing Comments COMPLETE
thetechtrader.com

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