Three In a Row– So Far
- Posted by UpsideTrader
- on November 25th, 2008
The futures are up as the Fed fires more arrows at the beast which is our economy. They are now unveiling a plan for $200 billion to buttress consumer lending.
So far, the rally has been impressive from Fridays lows. Thanksgiving week is usually an odd week, but that doesn’t mean it can’t be very profitable. I’m watching the 872 level on $SPX as a level of resistance. Good luck traders.
Follow @upsidetraderThe information in this blog post represents my own opinions and does not contain a recommendation for any particular security or investment. I or my affiliates may hold positions or other interests in securities mentioned in the Blog, please see my Disclaimer page for my full disclaimer.
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Joe was on Wall St, for twenty five years and his career took him to the retail, institutional and capital markets... More »
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