Friday, February 13, 2009

R.C. Market Report 2.13

  • Today: Having made its move during the final hour of yesterday's trading, market had nothing left to do today.
  • Next week: With stimulus plan becoming old news, I think we can see a steep sell off early next week. Hopefully it gets us down to 7500 level and then we rally strongly off that support. Whether it be the housing plan or bank plan, any new development can provide the spark to set off the rally then. But before that, I believe we must fall first. Sucks to have another holiday.
  • Thanks for the heads up on survivor. Would have missed it otherwise.

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