Magik - 2four
2 responses - Posted 03.02.09
MAGIK Numbers Daily and Weekly Dow Jones | FTSE Analysis   By Mr. Magik 2 Mar 2009 | Edition 24   DOW   FTSE   Daily Week   Daily Week   7100 7180 Pivot 3900 3852 Pivot 7150 7330 R1 3960 4945 R1 7000 6920 S1 3860 3740 S1 7300 7730 R3 4050 4145 R3 6860 6510 S3 3765 3545 S3             7225 7530 R2 4000 4043 R2 6930 6715 S2 3700 3640 S2 12 10 % 28% 28 %   Dow   The Dow closed at 7063 on Friday after hitting a low of 7032. We are now at a 12 year low and respite is not seen. As expected, our stops were taken out, this recent ...continue

The Inflationist: Weekend Summary 280209
no responses - Posted 03.02.09
Our analysis and target of 6820 +/- 50 points is evolving as expected. Markets continue to fall and failed to turn significantly from 7100, recovering only about 4% (7400) before more disappointing news from banks and government bailouts. Our next stop is at around the 6800 mark, but again once ...continue

Tony Caldaro Elliott Wave Analysis - Weekend Summary 270209
no responses - Posted 03.01.09
REVIEW The week ended with the SPX/DOW at levels not seen since early 1997. While the NDX/NAZ held above their 2002 lows, which were also at 1997 levels. Economic reports continued to worsen. Case-Shiller reported housing prices -18.5% for 2008, Consumer confidence is at record lows, Unemployment claims hit 667K, Homes sales ...continue