Wednesday, October 18, 2006

S&P Second Update


A short while after my last post the market contradicted my conlusions by accelerating below the 1370 level. Now the S&P's are headed down to 1362 and probably to 1353 after that.

2 comments:

Andrew Wright said...

Hello Carl,

Your blog is admirable, and I've really been learning from your posts.

This market has been so irrational lately, can't wait until the election is over.....

Keep up the good work,
Andrew

Anonymous said...

Carl,
Any update on oil? It is back testing support. Also, in addition to the OIH, do you follow XLE?