Discussion in 'Trading' started by new to zoo, Mar 23, 2004.
trading thread please! poor advanse/decline movement confirms./
it was mistake for market to close this day. only added to panic when people hear on the evenings news "market closed early".
support for S&P 500 at 1163. rotation around 1090-1110 until slippage. trading time is 3:30et.
Not quite that extreme guys ... this market needed a sharp sellof in order to stage another legit rally.
not that extreme. I see rotation around 1090-1100, before slippage occurrs. My target is 1063.
Remember about a year ago the S&P was at 800.
In the larger picture we've had a great move in the last 12 months.
Considering the larger time frame, this pullback is acceptable.
Sorry ... not a crash !
Separate names with a comma.