SUGGESTION FOR 401-K: I'm dipping my toes back into the market. Anything can happen once the 137 level is hit so I'll be watching that level closely for signs that the market may reverse again to the down side. Have a great weekend everyone!
Saturday, January 21, 2012
BACK IN
LONG TERM TREND: As you can see from the attached image, this week closed above the highs made in October. This implies a high probability of a move up to test the next higher high around 137. Technically the long term trend is now neutral with a slightly bullish bias.
SUGGESTION FOR 401-K: I'm dipping my toes back into the market. Anything can happen once the 137 level is hit so I'll be watching that level closely for signs that the market may reverse again to the down side. Have a great weekend everyone!
SUGGESTION FOR 401-K: I'm dipping my toes back into the market. Anything can happen once the 137 level is hit so I'll be watching that level closely for signs that the market may reverse again to the down side. Have a great weekend everyone!
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