Well finally we had some upside as the 700 area acted as nice support today for upside action. The market opened up again and retreated to the 700 area( our long swing area) and moved up nicely to 714 and then later 724 before some profit taking kicked into the close. Over all a nice start to some upside and a welcome change in character in the market for a change. Back tonight with Thursdays thoughts.
Wednesday, March 4, 2009
Nice Start!
Well finally we had some upside as the 700 area acted as nice support today for upside action. The market opened up again and retreated to the 700 area( our long swing area) and moved up nicely to 714 and then later 724 before some profit taking kicked into the close. Over all a nice start to some upside and a welcome change in character in the market for a change. Back tonight with Thursdays thoughts.
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