Wednesday, July 9, 2008

Time Sensitive Trading Psychology.. Go Long

Good Evening, Good Morning to all!

We anticipate that oil will continue to fall this week, and we are optimistic for the S&P to stage an impressive bear market rally of perhaps 9% in the next two weeks, so as high as 1,390 is possible. Here's why and here's why you need to sell stocks again when the 10 Year Treasury Note touches 4.25%.

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2 comments:

Anonymous said...

Any thoughts on the reversal today? All the gains in the Financials from yesterday were washed out. Do you still believe S&P is the place to park your money for the next couple weeks?

Anonymous said...

Wednesday Update was sent on e-mail at 4.52 PM ET