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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives
SPY 691.88-0.3%Jan 30 4:00 PM EST

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To: Brian Sullivan who wrote (42893)12/31/2012 3:11:40 PM
From: Joseph Silent2 Recommendations  Read Replies (1) of 222698
 
Given the number of people looking down, seems to me that the markets have nowhere to go but up.

This must be the first of the short covering. The diehards will cover after the New Year parties.

With some luck we'll see prices near 1500 in weeks. After that we can start to worry.

:)
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