Tuesday, September 15, 2009
9/15/09 before market close
Nasdaq and $SPX just keep going up. That may keep suprise many traders who have opened short positions based on the market's overbaught condition and negative divergence. That doesn't surprise me because I still expect market will porbably not see meaningful correction until Nasadq hits 2150 and $SPX hits 1080 to 1100 resistance.
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