Do not be fooled by the last two days movement in the S&P 500. It has been pretty to watch and even has my attention, but if you look at the chart below you can see the down channel and you can also see we need to get through $1220 resistance before you can even…
Month: September 2011
Weekly TSP Update, September 23, 2011
TSP update, September 22, 2011
In a word, âBail outâ. The initial signâs from the last two days is the big boys are scared. So bail. The one thing to watch if your out looking in, is that $1120 line of support that started and has been holding since August 8th. If that hold Friday and the next few trading…
TSP Weekly update, September 16th, 2011
This week was a very interesting week to me because if you listened to all the negative news in Europe and here in the United States, you would have thought that we would have seen nothing but red. We had 5 days in a row that closed higher than the last. Most markets also saw…
Weekly update TSP, September 9, 2011
This week it didnât take long to come to the conclusion that the European Stock markets were having a direct influence on our stock market. Just a take a quick look above at the European weekly numbers and you will see they took a 5.76% loss in one week. Our markets were a little shaky…
TSP weekly update, September 2, 2011
Can you believe that it is September already? Before you know it, it will be snowing. The first part of the week the markets were rolling and then bam, Thursday and specially Friday, we gave it all back. So technically, we had one week of gains, then we are back to losing. The two charts…
Closing numbers for August 2011
August was about as ugly as we want to have in the market. It makes the 4th month in a row of declines but I still have managed to have a gain on the year of 3.35%. Some have done better and some have done worse, but there is my number in black an white…
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