Monday, July 20, 2009

Small update

While I am sick its still exciting to watch this crazed market. Day 5 now with extreme overbought conditions. We had entered overbought at 906 - we are not at 952 and still overbought. Yipppeeeee !!!

Highest DOW and SPX close this year. Sign of things to come? you tell me - I am not quite sure anymore.

3 comments:

  1. last time DOW managed to close 6 up days in a row was 4-20-2007. Yes thats over 2 years ago before anyone knew we were in for a bear market and possibly the biggest recession yet.

    ReplyDelete
  2. Hope you are feeling better. I am now short at 947 for VST. Tomorrow should be down day. Bu we will see new high may be to 965-970. July 22-23 a great entry for short IMO.

    ReplyDelete
  3. Get better Chris, we need you. - Adam

    ReplyDelete