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Strategies & Market Trends : John Pitera's Market Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: robert b furman who wrote (17933)3/16/2016 11:50:43 AM
From: Chip McVickar  Read Replies (2) | Respond to of 33421
 
There should be some understanding of direction after the 28 th

There's a bunch of juicy gaps higher up

I believe there's a chance the Feb will raise rates
There's talk of the smart money moving back into emerging markets
Plus a general but localized economic strength here in the USA
Smart money poring into big banks for the .25%

If a pull back appears... even 16850± would be acceptable for position traders and a 0.236 or 2 to 3%
At least for me...
Chip