Tuesday, May 24, 2011

no change

The reason I have not updated this bog is there is no change from my earlier post of " come May and Go Away". I'm looking for a big pullback this summer. The yearly R pivots stopped the rally and I'm looking for a pullback to the Yearly Pivot point on the S&P to 1177 and 11k on the Dow.

I have been posting more on Freestockcharts.com since it's easier for me.

Look me up under friend name: mtn.guy


Monday, May 2, 2011

Come May go away

Come May and go away is an old expression on wall street. The Dow Jones is very close to the yearly R2 pivot point at 12,946. Lock in profits now!