Discussion in 'Stocks' started by turkeyneck, Jan 22, 2008.
Repeat of January 2006?
an email tonite from gann global, got me to thinking about the mkts and what is happening...it made me question my assumption that the markets are going to be kept afloat @ any cost until the elections...so i decided to look @ some weekly charts of the djx, oex, spx, smh, ndx and others... all of them looked rather weak.. i remembered that goog was a high flyer and might be very weak...but it was not so in comparison...on further examination it actually looks decent
attached is a weekly chart with some rough thoughts about it....comments?
Given what happened to Apple, I won't be surprised to see GOOG drop below $530 if there is any hint of a slowdown in the report.
google to $500.
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