Buy and Sell Signals, and Other Market Perspectives Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives

SPY 677.56

-2.0%

Jan 20 4:00 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: GROUND ZERO™ who wrote (10733)	9/30/2010 10:35:36 AM
From: robert b furman	1 Recommendation Read Replies (1) of 222100

I think it is blowoff control. 1150 resistance is being ground away. If it flew through 1150 and didn't back fill and grind - I'd be worried about that blow off. These little tests that scare and look uncertain are the foundation of good support. Support needs to be tested before higher levels can be built on. IMO There is solid money going to work here as most involved in a non consumer sectors,continually confirm we're on the mend. Some quite explosively so! Bob

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next