Friday, January 23, 2009

New Targets


My new targets are 21 for the BKX and around 700 for the S&P. I think we could see these by next Friday. Closing SSO @ 21.50.

It appears another batch of liquidation is upon us for next week. Granted, the new administration could negate this temporarily with rule changes or a new bank rescue plan - but I would expect them to wait for this to bottom before introducing new information. We are not the only ones that read the charts...
blog comments powered by Disqus