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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives -- Ignore unavailable to you. Want to Upgrade?

To: GROUND ZERO™ who wrote (2324)4/11/2010 9:21:10 PM
From: Kirk ©1 Recommendation  Respond to of 222186
 
Some resistance at 1200 and maybe 1250 on that chart. I think 1200 is the key one.

With 401K statements getting to people... the next leg could involve the retail investor buying stocks on a regular basis again for the next half of the bull move.

I think we just had a pretty major correction so we're probably good for another 3 or 4 months before another big one... depending on how the market treats 1200.


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