The nasd will be giving a new buy signal today on a close over 1970.
Goog ….a close above 508, projects prices to 520 and then 530 ish
The Spu has some unfinished business at 1184…so I would not be surprised
to see us print that level before the qtr ends.
Fxi…A close over 42.50 is a fresh buy signal…
In short..buy the breaks against the levels mentioned in the prior e-mail until this direction
plays itself out.
You should take note that the bonds are not breaking today…It would seem the stock carry trade will be
back in vogue for a while. For those of you who do not know, that is buying Co’s with high yielding dividends
and high cash balances.
