3.22.2006

EYE OF THE TRADER

Cramer just crushed the GS shorts as he mentions on STOP TRADING that it should be a $200 stock.

The 2 big tells of the day 1) the market internals never came in as the market came in, and
2) the semis never gave up and stayed green or flat all day.

Note the SPY movement at the Pivot Points. The SPY got back to 130, the point of the day and bounced and has now gone back to 130.5. That should be resistance. Lets see how that works in the next 10 minutes.

2 Comments:

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2:50 AM  
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4:47 AM  

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