Cookie Consent by Privacy Policies website

Author Topic: Economy?  (Read 17738 times)

0 Members and 18 Guests are viewing this topic.

Aaron

  • Guest
Economy?
« on: February 27, 2008, 04:33:58 PM »
whats the deal... everyone keeps talking recession, everyone says the economy sucks... but the market is getting ready to push back towards 13,000 again.  after falling almost 2000 points? isn't this a sign of recovery??

Offline Dr PennyStock

  • Administrator
  • *****
  • Posts: 31921
  • Karma: +2/-0
  • Gender: Male
    • Dr PennyStock
Re: Economy?
« Reply #1 on: February 28, 2008, 10:26:53 AM »
That is just a technical reaction, the trend is negative, has resistance at 12,767 and 13,250.
Dr PennyStock

Offline montyguitar

  • Newbie
  • *
  • Posts: 31
  • Karma: +0/-0
Re: Economy?
« Reply #2 on: February 28, 2008, 08:15:55 PM »
Great reply Doc.  Keeping with the T/A at all times.  Very good. ;D