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Vet67to82
Vet67to82
P&P Score: 0.31   Points: -608.47   Accuracy: 68.73%   Average Pick Score: -4.50   Annual Return: 16.23% (40.60% since 11/25/09)  

Vet67to82's Blog : Monday's close - 5/24/2010

Date May 24, 2010    Comments Comments (0)    Rate this post Recommend This Post (116)   
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I. Here's my take (at this time ) on tomorrow's DJIA close

5/21/2010 Last DOW Close: 10193.39 +125.38 +1.25%

5/24/2010 Estimating:

( 1) worst case BEARish DJIA ... 10115.92

( 2) morerate case Bearish DJIA ... 10154.23

( 3) moderate case Bullish DJIA ... 10229.92

( 4) best case BULLish DJIA ... 10266.78


II. Here's my take (at this time ) on tomorrow's S&P 500 close

Last S&P Close: 1087.69 +16.10 +1.50%

( 4) best case BULLish S&P 500 ... 1095.85


... when we break thru resistance ... then what was resistance becomes support .... and I see no type LEHMAN2 failures in the EU this weekend ... and I foresee none this week ... and I think that's what it'll take to force another trip to the dark side .... something HUGE has to go BUST ....

** I will provide another update around 12:30 - 1:00 PM EST once I see how the day's trading is playing out ... and the 1:00 PM numbers are the numbers I'm putting my money on the line for the DJIA and S&P 500 closes ... let's see how far off I am ...
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