We've Seen The Lows!

Discussion in 'Trading' started by Landis82, Jun 19, 2008.

  1. A minor new low in the SPX to 1330.50 and back into the range. This LOW will be confirmed with a close above yesterday's highs at 1349.59

    Above 1366.59 confirms a new BULL run that should target 1443 SPX minimum, with potential for 1513.

    Buy any pullbacks on weakness using 1335.32 as a stop.

    Am currently buying defense names here like BA, LMT, LLL, and GD.

    :)
     
  2. village idiot said
     
  3. Yeah.......

    BBT raises their dividend and all our problems are over :p

    That and oil being down are the only reasons the market is currently positive.
     
  4. 100% up room to go>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>
     
  5. All of the toxic "crap" is turning around on the BBT news.
     
  6. ssblack

    ssblack

    Landis has a pretty decent record. At least he is posting stops and targets. Better than 99% of everyone else here!
     
  7. Good for him, I am selling into this rally.
     
  8. Digs

    Digs

    BUY: LEH, C, JPM, MER, GS, MS, UBS

    Big Winners in 2009, as bad balance sheet items will transfered to FED.


    Investbanks cant fail....

    ha ha ha ha : This is your America !
     
  9. S2007S

    S2007S


    Buy UYG and XLF instead...


    Just bought QID a few minutes ago at $38.75.....
     
  10. Mup

    Mup

    Above 1366 is on the cards....

    The real test will be the 1398 area (61.8) :)
     
    #10     Jun 19, 2008