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RCKS

03/13/08 2:54 PM

#32528 RE: airedale88 #32527

airedale
we should hit those targets tomorrow, we may print a beautiful hammer candle on many indices today and the follow through tomorrow could easily reach those levels. probably higher. But watch out, I think one more violent downswing sits in front of us next week.
One added reason to tag the 1350 level, it will achieve neutral ground in terms of max-pain for the spx. As I said it will probably close much lower next week but by going that high they will have chased a lot of Puts into submission. JMHO.


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Jerry Olson

03/13/08 3:46 PM

#32529 RE: airedale88 #32527

aire

hammers everywhere on the dailies

looks good...