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S&P 500
5,906.82
(
0.62%
)
US TECH 100
20,075.20
(
1.07%
)
Dow Jones
43,493.06
(
0.11%
)
Brent Oil
72.95
(
3.17%
)
Bitcoin
91,931.02
(
2.30%
)
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rossi

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rossi

Re: None

Thursday, 11/11/2004 9:36:58 AM

Thursday, November 11, 2004 9:36:58 AM

Post# of 704019
P500 looking ahead - resiliency
by: Casual_Techwatcher 11/11/04 06:00 am
Msg: 462498 of 462535

Since its retest low @1095.3 on 10/25, SP500 has been going up in a virtual straight line, breaking above the 7-month downtrend line. After a 72-point run reaching a post election high @1167.7 on 11/05, SP500 has been attempting to pullback for the last 3 days, but only managed to shave off a paltry 3 points. This resiliency indicates that the stock market will soon march to fresh highs in coming days.

I have added another 20% long positions at the 1166 level ===> currently long 100% max position.

Please do your own D/D should you decide to take action.

JMHO
Casual Techwatcher
11/11/04

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