Thursday, April 10, 2008

How about that...

From a confirmed sell to a buy in one day. Looks like the market has firm support at 625ish. Today it closed above pivot 627 and set to go up from here, unless of course bad earnings again. Just out of curiosity to pull out a 10 year chart and seems like strong support here. No wonder the violent bounce. Tomorrow's numbers are 638, 629 and 625.

2c

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