Blog description
- Rodney
- A place for friends to gather and view stock market charts, discuss technical analysis and market outlook. What is your Principal Asset? How can it be developed? Each and all should do their own due dilligence and homework before investing. And by no means should you use anything I say or show here as a sole basis to buy or sell securities as everything is for educational experience only.
Friday, February 29, 2008
H&S on the 2yr DOW?
Plain & simple - If the resistance holds @ 12,800 the DOW will merely slow down to wave at 11,600 on its way to 10,750. And it appears the FED is behind the curve by at least 100 basis points for the March 18 meeting. HMMMM, I wonder if Benny and the Jetless blow their whole wad or we see sucessive 50 basis point cuts?
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