September 10th, 2009

I am still looking for SPY to hit 101.25 and QQQQ to hit 39.95. The premarket action will be probably flat. It seems like 104 is a resistance level for SPY. Spot gold is continue to fall.

September 9th, 2009

Hey all, sorry for the late post. I had a long meeting this morning. I am still looking for SPY to hit 101.25 and QQQQ to hit 39.95 in a few days.

September 8th, 2009

All the targets that I mentioned had been hit so far. There are no open targets. We can start out with clean slate in a new day of new week. The premarket action tells us the market will be open higher. I will be watching very closely the first 30 minutes action. I would expect SPY will 103 within that timeframe.

September 4th, 2009

Ok. let's try this one more time. Look for QQQQ to hit 39.80 target.

September 3rd, 2009

I am looking for QQQQ bounce back up to 39.80. I believe the market is not ready to go down yet.
You will see sideway action back and forth between in the high 38s to 41 area.

September 2nd, 2009

Look for a intraday bounce back up for QQQQ to 39.80.

September 1st, 2009

Either today the market will see a breakdown or fill the yesterday gap. In order for the breakdown SPY will need to go below 101.80 and QQQQ at 39.80.