Monday, October 22, 2012

Support level held

Support held, jaw dropping rally to end the day

Today I was fortunate enough to be watching my charts as the markets went into their final hour.  The DJIA held in the vicinity of the 13,250 target I wrote in my last post and then went into full throttle to go from -80ish to slightly positive on the day.  Now we need a good follow through day tomorrow to convince me that the recent decline will stay above that 13,250 target for a while.

Today's scores:

GOOD LUCK TOMORROW!

TSP Gameplan:  Still in the G fund for a bit longer.

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