Tuesday, April 29, 2008

Market Commentary sent to Timer Digest on Friday April 25, 2008

Market Commentary sent to Timer Digest on Friday April 25, 2008SocialTwist Tell-a-Friend
Fari Hamzei

With a bid to the Financial (most sold sector in Q1) last two days, we shall stay the course. Our Market Pulse Indicator (MPI) is a bit stretched but with SPX trading very clearly in the Zone (+1 to +2 sigma), all is well with our Long SPX Position on April 10 (~1360). Our next target for DJIA sits at ~13075 (200 day MA) to ~13150 (+3 simga) confluence.

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