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

To: fred woodall who wrote (6346)6/29/2010 8:00:47 AM
From: GROUND ZERO™  Read Replies (1) | Respond to of 222560
 
That could rally the market, so we'll see if we get a confirmation today or not... this can be a very long day, and I don't mean long positions either...

GZ



To: fred woodall who wrote (6346)6/29/2010 9:15:11 AM
From: GROUND ZERO™  Read Replies (1) | Respond to of 222560
 
I'm thinking about the consumer confidence report, even if the market rallies some from that report, presuming a positive report, as soon as reality sets back in the markets will likely tank and make now lows... just a hunch here... the technical damage here is probably too severe to stage a rally today unless today is some sort of major key reversal low... the merely probability of that being the case is not high...

GZ


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