Thursday, March 13, 2008 8:50:01 AM
WB annotated chart
I see some good things and some not so hot things here. It needs to hold support here or it could be in danger of falling some more. The good thing is, investors are split on whether the feds plan will make a difference. If it falls much I believe those that have faith in the feds plan will see it as a good buying opportunity, this may help keep it from hitting a new bottom.
Right now financials look to be down in premarket and looks like the dow will open red as well.
I see some good things and some not so hot things here. It needs to hold support here or it could be in danger of falling some more. The good thing is, investors are split on whether the feds plan will make a difference. If it falls much I believe those that have faith in the feds plan will see it as a good buying opportunity, this may help keep it from hitting a new bottom.
Right now financials look to be down in premarket and looks like the dow will open red as well.
A tornado is like a stock, it takes just the right conditions to form a huge one but once it forms, nothing can stop it!
my posts are only my opinions, nothing more
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