Silicon Investor (SI) -- The First Internet Community

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 : CFZ E-Wiggle Workspace -- Ignore unavailable to you. Want to Upgrade?

To: skinowski who wrote (8731)	9/28/2008 3:34:32 PM
From: Ron	Respond to of 41415

My guess, and this is only a guess, is that we'll get a low to medium volume bounce tomorrow on the so called bailout. But odds are high the bear market continues later in the week as more reports come in on the economy. Actually three are due tomorrow morning, Personal Consumption/Spending/Income which could be factors. But the big one will be the monthly employment report on Friday. The SPY bounced off a lower fib line on the weekly chart last week, but in this market my thinking is, news trumps Tech Analysis for now. Just imho.