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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?


To: Real Man who wrote (86938)4/2/2009 6:11:52 AM
From: GROUND ZERO™  Read Replies (1) | Respond to of 94695
 
The worst earnings expectations have already been factored into market prices, I have to believe the markets will mostly shrug off any negative reports since those reports will not be as bad as first thought and the market will look ahead to the next report... higher from here no matter what, of course with the typical moments of panic selling along the way... my next overhead resistance is 858.20 (give or take a few ticks), with a possible brief stop at around 833.50 to 835.00 as today's possible high, just a guess here, of course...<g>

GZ