So far we are right on target for another new high probably tomorrrow Friday Dec 29th- last day of trading for 2006.
First week of Jan 2007 still on target for heavy selling 2nd to part of 4th.
Can't say where the low would be , but spx 1390 would probably be a likely target.
1444, if we get there tomorrow -1390 = 54 x 8 = 432 dow pts?? just a guess
Today has 180 bars at 1:30pm and should mark the days low;
Im GLAD and surprised they wont be closing the market for Pres Ford's funeral, but just as well, we dont need another off day.
Jay
Nyse, and Nasdaq closed on Tuesday.
ReplyDelete