Thursday, August 27, 2009

About 9600 Dow S&P 1026

what a run from 6400 Dow and from 666 i kid u not on the standard and poors S&P. Those who believe we have to correct at some point are right. Problem is the markets are base building with higher lows every week. The shorts have been crushed. Lots of economic news today. right now the futures are flat and the long love this, no big retracement yet and the longer this is steady the more likely the markets will move up and not down. FSLR has a good entry point right around 120-125 on the long side. J crew reports after the bell worth a look at just for a trade. I will come back later after more DD's done. G/L all

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