When you have markets like that it huts all markets due to having to liquidate other positions that would not have to be liquidated unless there was a margin call So be careful as I always say
Glad to hear it the next Level is 1200 area so this area must hold 1206 area is small support but not as strong as 1200.00
JB et al. I didn't see a whole lotta support on the way down through these levels, nor on the way up. I don't suspect there will be much to hold if the market wants to go either way. pay$
Yes, I use the term Support, lightly in this market.........lol 1206.00 is a small level anyway but dont like to not include it if it is there however minor to the 1200 area
The 1206 held the market back ,now it will go up one notch in my levels as far as strength goes I always let the market tell me it will always let you know!!!!
<object width="425" height="344"><param name="movie" value="http://www.youtube.com/v/JdO4tWRT8_E&hl=en&fs=1"></param><param name="allowFullScreen" value="true"></param><embed src="http://www.youtube.com/v/JdO4tWRT8_E&hl=en&fs=1" type="application/x-shockwave-flash" allowfullscreen="true" width="425" height="344"></embed></object> Vid for Tuesday 09.23