Stock Market Analysis – 02-25-2008
February 25, 2008 at 9:10 pm · Filed Under Broader Market
The market’s starting to peek above the triangle we’ve been looking at, but we’ll see if this will actually break it or if it’s just widening a little. Did you catch my post about reversals? Hopefully the little highlights I draw make a little more sense now if you didn’t get them before. Keeping that in mind, getting above 140 would be a pretty solid showing, but I’m not sure if the market can float much higher on this ABK news alone. The next couple days should let us know if we’re in for another heavy dose of resistance or if the optimists that say we’ve bottomed already have some credibility.
Comments
Leave a Reply