Thursday, December 28, 2006

Year end update

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

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