Monday, March 9, 2009

675 Hold that line??

The slight support at 675 on the S&P held the close Friday, and looks like holding so far today. I saw the headline in the WSJ someone looking for Dow 5000! WOW, I thought the idea of S&P around 600, so Dow around 6k was wild...More negativity is starting to hit...this is good as we need the fear and "end of the world" thoughts for people to give up...Then we find a bottom.

Feel closer...


posted by Peter Greene

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