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Estimated_Prophet

05/01/09 1:57 PM

#146102 RE: rich ruscio #146101

Rich~If you are lucky, we topped yesterday, with today just being some corrective move. I would look for a move under 873ish SPX to get my hopes up on that. Otherwise, I think they may take this up into the 890-930 range, before taking it down. Good luck!

rimshot

05/01/09 2:00 PM

#146104 RE: rich ruscio #146101

no bullish move is confirmed until OEX resides above 413.10...one idea if looking at price and not market internals, as well

http://stockcharts.com/h-sc/ui?s=$OEX&p=M&st=1994-01-01&id=p52644578622&a=155592361

right now, OEX 410 looks important as a potential stall or reversal point