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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?


To: Think4Yourself who wrote (201845)5/12/2009 12:56:36 PM
From: RockyBalboaRead Replies (2) | Respond to of 306849
 
I´m looking.

Traders goosed up bearish instruments all day long, and no remorse. Meanwhile in some issues there´s really heavy pounding.

for the NQ I look for 1344 first and then 1285, thats the second fib retracement of the major bounce and at the same time old resistance, touched in Jan and Feb 2009. (First meaningful stop for the dow is well, at 8100 or so).

Poor nasdaq fundamentals (see CSCO etc) should help the case.