Thursday, May 3, 2007

Where are we going?

I hope you took what the market gave us two days ago.
The bears had no power nor the will to break down 1480 level at SP500 . So watch this 1480 carefully.

Looks like the SP500 wish to reach a new highs in the coming days although there is something fishy in its handle.
In conclusion , watch for a choppy market with an upside bias.

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