Wednesday, May 06, 2009

BEARISH RISNG WEDGIE?

IT GOT TO BREAK ONE WAY OR ANOTHER SOON!

CSCO earnings off 24% after close...but beats street HAA. Same old game

Markets are still in bearish config, and it's approaching the 200 EMA (exponential moving avg)
which is normally good resistance for any rally.....sure it can pop over it.....but this rally is getting long IMHO come a long way.

STRESS TESTS (sure) and FRI employment numbers ......if you care to beleive them..

D

No comments: