"The man who can grin, when his ship comes in, and he's got the stock market beat. But the man who is worthwhile, is the man who can smile when his pants are too tight in the seat" - Judge Smails
Thursday, January 10, 2008
Back in the USSR
So I have been a little too premature in picking the bottom of this market. As we bounced of support at 1380 SPX, we have not damaged the weekly chart too bad. A close above 1435-1440 would be the springboard to a nice rally. Still waiting for those mutual fund flows to come in.