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Re: RCKS post# 493

Friday, 07/08/2011 1:04:32 PM

Friday, July 08, 2011 1:04:32 PM

Post# of 496
Rcks - Yes, it's 1338.3, which we have obviously went below.

If the 1333.7 low holds, the Phase 2 target will be around 1353.53

Well the jobs report was bad and the market tanked. However, not as bad as I would have thought.

Actually so far this is the Phase 1 the SPX 60 min needed.

However, if the Weekly closes below 1330 level it could trigger a sell.

JMHO, Lindy
"Buy low, Sell high, stay with your system. If your system breaks fix it."


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