! 'S&P500: A Short Term Bottom?'

Posted on Do 24 Januar 2008 in misc • 1 min read

  • 401K
  • Economy
  • Stocks tags:
  • 401K
  • Economy
  • S&P500 meta: _aioseop_keywords: Market, Buy, Timing, 401k author:

    It sure looks like we might have a short term (possibly even longer) bottom in place on the S&P500. The surprises this week are creating a beautiful "hammer" on the weekly chart as the Fed bailout is starting in earnest.

    SPX-012308

    My Timing Model didn't issue any signals yesterday so we remain vigilant and cautious. I will be sending an update this weekend with a snapshot of the model for members.