Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Al Greenleaf who wrote (10394)	9/24/2010 1:33:19 PM
From: Hope Praytochange	Respond to of 218599

Futures are on quite a tear following the better than expected Durable Goods number and the revision to last months number. Stocks are rallying and the companies in our portfolio are higher with the overall market without any specific news out on any of the companies. Last night we had the SPX close below the much watched 1131 level and this morning's rally has the index poised to open back above that level. The thing to watch early is whether or not the bulls can hold above that level. Yesterday they weren't able to and we looked destined to test support at 1117 ahead of the weekend. Be patient early, don't chase this gap up and watch the market internals to see if this early rally has legs. (from an email this morning)