Monday, October 4, 2010

Continuation Tomorrow

We should get some further selling tomorrow as the bounce today has been weak along with the topping signals from last week.  Beyond Tuesday, it could go either way.  Gut tells me we won't selloff beyond 1117.  If we get down to 1117, that could be a spot for a dip buy.  I don't believe we're ready to have any deep corrections yet.  For the next 2 weeks, we should be trading between 1117 and 1152. 

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