The suggested game plan last night was pretty simple. We either get above 775 and hold or its down we go! The opening run today into the first hour seemed very bullish to me, but it was quickly resisted and sold off from there and as you can see steadily sold off into the close. The market seems determined to go lower as every rally is hit with selling. Talk with you later!
Thursday, February 26, 2009
775 a No Go...and Down We Go!
The suggested game plan last night was pretty simple. We either get above 775 and hold or its down we go! The opening run today into the first hour seemed very bullish to me, but it was quickly resisted and sold off from there and as you can see steadily sold off into the close. The market seems determined to go lower as every rally is hit with selling. Talk with you later!
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