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

To: ggersh who wrote (229170)11/17/2009 11:27:24 AM
From: LTK007Read Replies (1) | Respond to of 306849
 
Just e-mail TSR latest brief excerpt ONLY
"TRADE NOTES

OVERVIEW: On Monday the Dow advanced 136 points, setting a
new yearly high, along with the Nasdaq and the S&P 500. The Dow came within
66 points of our 10,500 target zone. We nevertheless expect at least one more push higher.

Unfortunately, we do not concur with the rationale for the
enthusiasm. As the market moves higher, we are getting more
cautious, not more bullish. We have two technical resistance zones in
mind, one is Dow 10,500 and the other is Dow 10,800. These levels
operate like the orbits of electrons around an atomic nucleus.
Electrons are stable at these orbit levels and don’t spend much time
in transition. Markets act the same way. If the Dow can break
through the 10,500 zone, we expect it to travel to 10,800 rather
quickly. Time will tell." TSR



To: ggersh who wrote (229170)11/17/2009 1:23:25 PM
From: Skeeter BugRead Replies (2) | Respond to of 306849
 
the only fundamental that matters is the take down of the dollar. this will change, but when it does there will be consequences and repercussions.


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