InvestorsHub Logo
Followers 58
Posts 2309
Boards Moderated 1
Alias Born 06/28/2005

Re: None

Thursday, 02/07/2008 8:23:17 PM

Thursday, February 07, 2008 8:23:17 PM

Post# of 90702
thoughts on>> Senate Passes Stimulus Plan<><> Get Ready for the Bull heres WHY!
The market is ready for a technical bounce combined with the timing of this news, it will catch and force SHORT COVERING.

Unlike other News events the market had inklings this would happen down the road, but the timing was never known. I expect this to cause a bullish rally that starts tomorrow.


The dow is bouncing off support closing today with a White Doji and indicators are primed for buy signal crosses, THIS MEANS TREND REVERSAL. The current trend was down, so up it goes.

A true break would be the 12525 Level, if that breaks and holds in the next few sessions. Get ready for the new bull.


http://biz.yahoo.com/ap/080207/economy_stimulus.html

THERE IS GREAT RISK IN THE MARKET!! YOU COULD LOSE ALL YOUR $$$$. ALL IS JUST MY OPINION<>I MAY BE WRONG. I MAY BE DRUNK. I MAY BUY OR SELL ANY SECURITY AT ANYTIME WITHOUT PRIOR NOTICE<> YOU NEED TO CHECK YOUR DD< THIS IS NOT INTENDED AS INVESTMENT ADVICE

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.