delane - if the SPX bounces up in
that ABC pattern back to 1260, then I think the financials will
bounce too, the financials and banks look like they have one more
push in them. The charts still look good
one more push...this is just the beginning.
AND>>>>>>get ready to refinance your house
debt...great rates are coming soon, and gold may be a buy
now! maybe.
FYI : Treasury Finalizing Plan
Posted by matt on 5th of Sep 2008 at 04:52 pm
FYI : Treasury Finalizing Plan to Backstop Fannie Mae and Freddie Mac, as a result, futures are up after hrs, we'll see what comes out of this
matt...
Posted by delane on 5th of Sep 2008 at 04:53 pm
what these means is that my skf short till 105 minimum is right on
delane - if the SPX
Posted by matt on 5th of Sep 2008 at 04:57 pm
delane - if the SPX bounces up in that ABC pattern back to 1260, then I think the financials will bounce too, the financials and banks look like they have one more push in them. The charts still look good
indeed, XLF: 24/25
Posted by hornsant on 5th of Sep 2008 at 07:54 pm
indeed, XLF: 24/25
your kidding right?
Posted by delane on 5th of Sep 2008 at 04:59 pm
one more push...this is just the beginning. AND>>>>>>get ready to refinance your house debt...great rates are coming soon, and gold may be a buy now! maybe.
news can trump the charts,
Posted by matt on 5th of Sep 2008 at 05:05 pm
news can trump the charts, we'll take it one day at a time, let's see how the charts play out.
yes it is...very very good
Posted by robbie on 5th of Sep 2008 at 04:56 pm
yes it is...very very good trade.