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Strategies & Market Trends : John Pitera's Market Laboratory -- Ignore unavailable to you. Want to Upgrade?

To: Jorj X Mckie who wrote (11549)	1/29/2009 12:04:26 PM
From: Stoctrash	1 Recommendation Read Replies (2) \| Respond to of 33421

We got near my 8400 bounce target....so I'm adding shorts & puts here and unboxing any hedge. Selling P&F buy signals and the Fib retrace levels has been working. Not that P&F is bad, just that we have this trading range game for now. At a minimum, we should fill that SPY gap, then see what happens. No Bank follow through today. We have another one day wonder bounce in our insolvent banks. Just not pretty. How about a TAX for new home buyers and a TAX credit for a buyer who's buying inventory?? Cash burn rate at Ford is the most important number? ...are they an internet stock????? What a bad joke.