S&P500 Blah's

Posted on Di 14 August 2007 in misc • 1 min read

  • Trends tags: [] meta: _aioseop_keywords: S&P500, SPX, chart dsq_thread_id: '181042041' author:

    I have very limited Internet connectivity (free) down here in Houston and I'll be changing my posting schedule for the next few months.  It'll come as no surprise that I didn't get a chance to keep an eye on the markets yesterday as I was either in flight or meeting clients.

    Here's a quick 30 minute chart of the S&P500, its very uninspiring right now and volatility will remain very high as the big investors "try" to unwind their risky subprime positions.

    S&P500 30 min chart

    It looks like the S&P500 wants to retest 1429, its a wait and see game now.