Thursday, June 26, 2008

State of the Market

DOW sitting right on support around 11670 and the lowest level since Sept., 2006. A break below would send us to 11250.
S&P, support 1325, then 1275ish
NAZ, support here, 2350, thereafter: 2310? 2275?

Do nothing, ride it out, trade the market that is. Glad to be 51% in cash and paper!

Interesting commentary from my December 14, 2007 post. Good investor poll in that post too.

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