Morning Line

Date : November 9th, 2009Category : ReportedAuthor : stocksmirf1 Comment

… As stated, in the near term 1095 – 1112 range remains first test to higher values for Standard & Poor’s 500 index. Continue to use 1166.36 as primary mid-term resistance and support at 1025.19. Trade both sides of market, taking profits, reducing laggards and remain committed, but defensive. An end of year rally is a distinct possibility but what concerns traders is unemployment and the performance of the retail sector as we head towards Christmas.

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  1. Tweets that mention Morning Line « DARTLINE ™ – INVESTMENT MESSAGE BOARD -- Topsy.com says:
    November 9, 2009 at 10:37

    [...] This post was mentioned on Twitter by Chris and J.W. Stocksmirf, The Bean. The Bean said: http://www.beatthedart.com Morning Line – As stated, in the near term 1095 1112 range remains first test to higher value… http://ow.ly/160sid [...]

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