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


To: Gary105 who wrote (23322)8/9/2011 7:18:12 AM
From: GROUND ZERO™  Read Replies (1) | Respond to of 223394
 
Yes, I believe overnight was the low... I think we'll based here, maybe inch lower into the 1057.60ish area, but that 1057.60 is rock solid bottom, and we did get close enough to it and then rallied more than 50 points, so I think that was it... otherwise the SP's will free fall to 660, and I just don't see that in the cards... but, what do I know... markets do turn on significant calendar days, I would not be surprised at all if a market turn did coincide with a special religious day of high significance...

GZ