Saturday, September 08, 2007

Market TDST Support: S&P 500 and the Russell 2000

Something I think that is interesting is that the S&P looks like a retest of the lows would coincide with a completion of the TD Sequential countdown. We will have to watch this closely. If it fails, look for a move down to the lows of last summer.

The small caps are just building cause to get by all of the support levels. I got rid of my October 79 IWM puts yesterday for a nice gain.

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