TRIPLE TRADES Message Board

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Strategies & Market Trends : TRIPLE TRADES

OPEN 9.335

+9.9%

Nov 12 3:59 PM EST

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To: Clam digger who wrote (9)	2/25/2020 2:02:32 PM
From: Bull RidaH	Read Replies (1) of 4408

The indices probably aren't safe til XOM sees at least 50.5. If Exxon & Co are crashing, they probably still carry enough weight to forces the major indices lower. And the top stocks (big cap tech) like Apple have seen their highs and can only retrace these initial waves lower, so not much help for the indices there. I believe the Major Financials like GS as well as big oils will lead the SPX to new highs once this market stabilizes.... which again doesn't happen til XOM sees $50 +\- a dollar or so.

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