Wednesday, April 8, 2009

STOP EVERYTHING!!!!


Sorry. I couldn't think of a good title...but I did get you attention! We didn't get the sell off today that I was expecting, but we did get more information about the market. We learned that the bulls are still strong and they are buying on any dips. This is a good area to get into some of these uptrends that have pulled back a bit. We could still sell off a bit tomorrow, especially since we are going into a three day weekend (for the markets). Even if we do sell off, it looks like those support levels would most likely hold. I'm watching the VIX to see if this new support will hold. If it drops below it, we could be on our way to another move up. Keep watching the stocks I listed last night.

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