Market Swings

[Bangtime]

Hi Cap,

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got back from Finger Lakes area late yesterday after doing a job for a good customer locally that has a home up there. Re: S&P actually what I'm watching is the RSI on a monthly chart. Check it out. I use 21. Draw a dtl off the 4/98 and 5/07 highs. Its still not there but getting closer but still has plenty time to get there. Conversely if it breaks thru, this thing could accelerate to the upside. I left sell orders for all my FDO before I left Thursday at 54, so now flat. I can't remember the last time I held something for 2 months. :) I will look to reenter on a pullback. PST I'm still waiting but when that bounces I think it'll be a rocketship.