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TheInvisibleHand ™

01/02/09 4:14 PM

#6529 RE: eye_ater #6528

Looks like my Dow analysis from email was right on,


Hey guys/gals I'm back and ready to go! In process of doing some scans and checking system alerts, but I noticed some pretty good posts on the thread while i was gone. Keep posting your thoughts and analysis, the more eyes the more dialogue the better. Going to put a few general observations out and then going to start the new Year with a few picks.

The Dow has closed above it's 50 ma 8642 on thurs, A move over 9000 should provide for a 9500 test within the next 3-5 sessions. Key levels support around 8642(50ma) 8560 8500 8180 8050 8000 Resistance>8940 9000 9642 10080

Now the dollar, oil, and gold relationships need to be considered going forward. Oil might be headed for a short term bounce, the dollar then in-inturn should head down and gold move up. So if this is the hypothesis, I think like others on board that alternatives, commodities, solars and some tech will be good sectors to play.....
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TheInvisibleHand ™

01/02/09 4:22 PM

#6532 RE: eye_ater #6528

WELCOME NEW MEMBERS READ EMAIL LIST PROTOCOL

GREAT WEEKEND ALL-