Sunday, September 25, 2011

Futures up....but Greece is still the best Movie....

Ok, Asia is lower,  Michael Vicks breaks his arm, Obama is campaigning already,  and Merkell is trying to save a dying Greece.  If Greece goes who is next?   Foreclosures in the U.S. where up again in the mo. of August. http://www.worldpropertychannel.com/us-markets/residential-real-estate-1/realtytrac-us-foreclosure-market-report-home-foreclosure-report-default-notices-nod-lis-foreclosure-filings-distressed-home-sales-bank-reo-sales-4774.php                                                                                              

OK, we have alot to cover tonight...http://www.livecharts.co.uk/Members/display_stock_pivots.php  this gives all the Pivots for almost anything covered or smotherd on wall street.  

So, now you know fib pivots, and cam levels... it makes it easier to set yourself up for the next few days...

From what I see at the moment we are at a very close bottom of this wave... but we could have a very quick A/B/C move that could last just a few days... so Tues is very important in my opinion and the 1150ish area is very important... we could go up (futures are indicating that already) but I am looking for this to just be a quick move, and down we go again.... EW is calling for further downside movement too... broad range targets between 1050-1070.  Well, we have to look at the possibility that we are very oversold too... so Upside potential from what I see... is 1170... and if we go higher than 1180, well, the bulls are back in town.

I am watching the Colts vs. Pitts game... Rothisberger has gotten slower....and is getting sacked alot tonight.... Colts look good... but never drive in Indy after a game is let out... they are all drunk behind the wheel ... bad really bad there..... and can anyone tell me whats UP with the Long Hair in FOOTBALL.... its awonder their brains have not been pulled out from under those Helments...LOL!  ....... Have a good day trading tomorrow... Later.L

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