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jmbar2

04/28/14 9:18 AM

#14678 RE: imshredin2 #14675

All of my early morning reading predicts that we need to retrace a bit more before there will be a bounce. For the SPY, analysts say we could go to 1850-1840s before seeing a bounce. THe big boys will be locking in their profits from the last few weeks.

We also have FOMC and Ukrainian nastiness making markets unsettled. As long as it's moving one direction or another, that's what counts.

Good luck shred - watch the trend lines and don't go against the trend!