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Replies to #35349 on The Black Box
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dieselfuel

11/25/08 11:53 AM

#35355 RE: dieselfuel #35349

SKF's 200 ema lies at 132.51 and the 200 sma lies at 125.86

It broke through the 50 ema (around 153) hopefully it goes and touches the 200 ema (at least). That would make a GREAT entry, imo.

Gotta run .....
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dieselfuel

11/28/08 8:23 PM

#35360 RE: dieselfuel #35349

Exceeded the DJIA target by a bit and BLEW AWAY the SP500 target. The next target up for the SP500 is 904.82. And that's vey do-able on Monday.

NASDAQ is about 3 points away from my target at 1538. Next target up-side I have is 1545.79 Again, very do-able Monday.

The DJIA and the SP500 look to pullback now. Any more up-side is a gift, imo. If they open green Monday, I believe they both will reverse and close red.

The NASDAQ still has room on the daily chart for a green day.

All imho,

td

P.S.: The SKF hit a low today of 133.61 :~)