Wednesday, March 4, 2009

S and P 500 no longer Oversold


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The S and P 500 is no longer oversold. The market should start finding support today under 685. The market does look a bit tired, so a one or two day rally would not be a surprise. By the same token, a market capitulation late this week and on Monday would not come as a surprise.

Coming up tonight. How to prepare and score big during a market capitulation
clipped from charts.barchart.com

Chart for S&P 500
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All American Investor: S and P 500 no longer Oversold

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