G
Guest
Guest
imported post
If the 50 dma breaks then the next resistance point will be the 200dma...if that is broken then my target of 9900-10000 will come to past.
Hopefully me talking about it will cause the market to turn. Early to middle December the market was overlooking bad economic reports - that is very toppy very soon afterwards. But there has been a lot of damage and that will need time to fix before we see any gains. Once again the rotation is out of the small caps...so you may want to lighten up on the S fund on your next change.
MT
If the 50 dma breaks then the next resistance point will be the 200dma...if that is broken then my target of 9900-10000 will come to past.
Hopefully me talking about it will cause the market to turn. Early to middle December the market was overlooking bad economic reports - that is very toppy very soon afterwards. But there has been a lot of damage and that will need time to fix before we see any gains. Once again the rotation is out of the small caps...so you may want to lighten up on the S fund on your next change.
MT