Tuesday, May 27, 2008

Turtlesoupbuy+1

Beautiful, it closed above pivot 631. Tomorrow's numbers are 636, 632 and 629. It is expected that the market will go up from here to reach the forecasted targets, first 639 then perhaps 645. However, tomorrow we have Durable Goods number and the market probably will not go up in a straight line. This is the power of statistics while it was not obvious using regular charting techniques.

Good luck

2c

No comments: