Monday, February 25, 2008

AAA for NOW ... Targets for DOW, NSDQ, $SPX, $OEX.

Verdict is " AAA " for now.

ABK and MBIA ratings got reaffirmed and that helped push markets up. This further reaffirms and confirms our expected test of major Resistances ( Supports before the free fall of January )

For DOW our targets are :: 12894, 13233, 13651 and 13657.
For $SPX our targets are :: 1420, 1461, 1510 and 1512.
For NSDQ our targets are :: 2538, 2629, 2720 and 2729.
For $OEX our targets are :: 664, 683, 704 and 707.

AAPL and $OEX trades are open and under close watch due to March Expiry.

Happy trading.

Harry