"Woke up to find that I misse the up, and only to find that as usual the last 18 minutes came down from the high of 12412 to 12340's, it appears to me that our market will be up, how much? no idea at the moment."
What index are you referring to? The DJIA finished at 13357; is this what you mean?
What did the SPI finish trading at last night? I'm showing 6275, but I'm not sure if that's not the close from the previous day session.
The SPI finish has been a reliable indicator of where our market will start the following day. Where does it go for the rest of Monday and Tuesday? My guess is to 6400, but I hope there some pull-backs to provide some additional buying ops.
I don't think so in the short term tho, barring some surprisingly bad news. The market's just mopping up the last part of correction gap now.
-Mark
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