Inability to breakout again

    jobs/market

    Posted by safadig on 4th of Dec 2009 at 09:38 am

    To me this speaks tons as to a market top as they cannot get a better number and are not taking it up 300-500 points..

     

    The close will tell the tale

    Still early

    Posted by perthx on 4th of Dec 2009 at 09:44 am

    New SPX highs and Dow is close...

    ...wait a bit, they can jam this baby up to 1130 and  Dow10650-10750 yet. The close will tell. Then again, maybe this is the final blowoff top...I'm not betting either way.

    Correction I am putting on a small objective short with a tight stop.

Newsletter

Subscribe to our email list for regular free market updates
as well as a chance to get coupons!