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

To: GROUND ZERO™ who wrote (88980)7/22/2009 8:22:16 PM
From: Real Man  Read Replies (1) | Respond to of 94695
 
The action is toppy, and there are 3 strong resistance
levels - one right here at 955, one at 978, one at 1K. But I
agree, shorting is too risky at this time. I would not be
long though as the risk of a reversal is high around here.
Low risk short needs a confirmation, such as taking out
July low. And the big shpiral gave a sell, uncorrected
for tomorrow. Corrected the time is some time this week,
depends. Of course, there is a bullish one now too. 1K
is the wall <G>



To: GROUND ZERO™ who wrote (88980)7/23/2009 3:47:21 AM
From: Skeeter Bug  Read Replies (1) | Respond to of 94695
 
the market won't head toward 878 again until goldman has unloaded all its shares.

when that is, i do not know.


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