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S&P 500
5,464.62
(
-0.16%
)
US TECH 100
19,220.00
(
-0.20%
)
Dow Jones
39,150.33
(
0.04%
)
Brent Oil
84.39
(
0.00%
)
Bitcoin
64,332.10
(
0.14%
)
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dieselfuel

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dieselfuel

Re: None

Monday, 12/08/2008 11:04:27 AM

Monday, December 08, 2008 11:04:27 AM

Post# of 36150
TBT is starting to move a little. And with the little movement, it getting close to extreme overbought. Too soon for me. Though, it could stay up there for 4 days in a row.

But I have a feeling this rally is just short covering, and when it's over, TBT we resume it's decline.

1535 was the target I had for the NASDAQ. It got taken out with force. Now, I have 1589 before the rally ends. That could get taken out today.

Also, I believe Wed. is WWW. We could have a MAJOR decline sometime between Tues. and Thurs. of this week.
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