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Short Term Market Rally! REC

77%

+7.37%
in 9 days
(closed on 03/13/09)

The markets have rallied off their lows of last friday. We are approaching a kep resistance area of 735 on the S&P 500 (currently 726.99). I would expect to see a pull back when we touch this point. You might consider buying on pullback to around 690-700 on the S&P 500. We have a chance on going back to around 800 on the S&P 500 or 8,000 on the Dow in the near term.

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By Darth Vader (+1.34% risk: conservative) 03/04/09

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