Monday, January 05, 2009

Holding the Breakout level

I think today's market action is very positive. The breakout above the 920 level that occurred Friday has yet to attract any aggressive selling activity. As I write this the futures are trading at 923. If the market can close near or above this level I think we shall see a continuation of the rally tomorrow.

2 comments:

Anonymous said...

nice tape reading today Carl! CF

Anonymous said...

hey carl
i did miss it , and while i make my coffee ill take the time to read through your 2009 thoughts
having only briefly glanced at it
just now ill reserve my comments
untill i have read it all and took the time to think about everything
i just want to say thanks you
i know it is hard to put together a game plan and to write it up
into a forcast .
thanks
joe