Wednesday, January 2, 2008

Bad Day

2008 is not starting out good for the equity markets. NYX still above 84..lets hope it holds or it would be closed out. The CLOSE is what I'm following just to clarify. S&P needs to close the gap around 1430. I know some people think 12/18/07 was close enough but I disagree. I think we won't see sustained buying until then. Let me know what you think!!

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