Tuesday, November 18, 2008

Bullish action

Today's late rally was the biggest rally since the high at 918 on November 14. This together that it carried a bit above this morning's high at 866 makes me think that the market is now headed for 1000. If I am right about this then tomorrow the e-minis should hold above 840. 


Anonymous said...

Hi Carl,

I agree with you, and I just got a minor buy signal. I covered my 870.00 short in the after market just a minute ago and went long at 864.00.


Kindest regards,


Unknown said...

you mean, 840 right?

pimaCanyon said...

how was the volume during the late day rally? Is that something you take into consideration when making your forecast?