Weekend Update…

By Red, on July 17th, 2010

MONDAY UPDATE:

Not much changed today, as we had a slightly positive day as I expected.  The high was around 1075, which isn’t quite as high as I’d like to have seen.  I’d like to see a back test of the falling trendline (1080-1085) from the April high before another move down starts.

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410 comments   Uncategorized   DIA, DOW, earnings reports, SPX, spy, stock market, stock market crash, stock market forecast, Weekend Update  

Recession Over…

By Red, on April 13th, 2010

Yes dear reader, the recession is officially over now, as the Dow close above 11,000 for the second day in a row.  Happy days are here again!  The jobless people are back too work now, as Intel must have hired them, causing the great earnings report announced after the bell this afternoon.

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272 comments   Uncategorized   Bears, Blue Pill, Bulls, DOW, earnings reports, Goldman Sachs, government, Intel, manipulate, Obama, recession, Red Pill, Uncle Sam