a.
<<if dow goes up 9210 this week look for 9500 if goes below 9000 the party will be over till august bonds and gold turning point first week in june >>
For all I know, you may be right, but I've never been all that good at calling market tops, bottoms or turns. I use options to play specific, definable events with dates certain--index options for big market events such as the recent Fed rate meeting, equity options for earnings reports, financing deadlines, product introductions, things with a date certain. I also spend a lot of time trying to be careful about volatility--buy low volatility, write high volatility.
Consequently, I don't have too much to say about general support and resistance levels beyond what's obvious to anyone, so, again, your 9210 number may be right.
Best,
-Steve |
