Wednesday, December 10, 2008

SPY is breaking out of its downtrendline. This looks to be quite bullish, however given the NYSE and IBM signal for a low at the end of Jan. I doubt spx will go far now.

2 comments:

  1. I don't know if you had the chance to read Armstrong latest article from prison. If not, here's the link.

    http://www.contrahour.com/ItsJustTimeMartinArmstrong.pdf

    Regards,
    Richard

    ReplyDelete
  2. Yes I already read the whole 77 pages. Thanks

    ReplyDelete