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Strategies & Market Trends : Waiting for the big Kahuna
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To: William H Huebl who wrote (93250)10/4/2011 7:49:29 AM
From: Fiscally Conservative  Read Replies (1) of 94695
 
Good Mornin Bill

There seems to be some support on the S&P at 1065 area or so. My gut tells me that because it is only 30 pts lower from where we closed the support will not hold although it should bounce us. If that does not hold I suspect we will visit 1014 area. So far this is all I have and all that concerns me. The macro stinks but can be remedied real quick as witness these past few weeks market's see saw like reactions to News events.
Should be interesting.
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