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S&P 500
5,751.07
(
0.90%
)
US TECH 100
19,476.00
(
1.10%
)
Dow Jones
42,352.75
(
0.81%
)
Brent Oil
77.59
(
0.26%
)
Bitcoin
63,526.26
(
1.13%
)
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gtober

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gtober

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Re: Joe Stocks post# 65

Tuesday, 03/04/2008 3:21:40 PM

Tuesday, March 04, 2008 3:21:40 PM

Post# of 261
I think they already have. The worst thing for the USD was that stupid inter-meeting cut. Even if one believes we are in a recession and a long term bear market, there are still going to be many rallies along the way. Look at this chart. We are due one of those runs into resistance. Where the 10 ema closes the gap with the 40.

http://stockcharts.com/h-sc/ui?s=$SPX&p=W&st=1990-01-14&id=p91162395753&a=127945037&listNum=1&listNum=1

GT

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