Wednesday, February 6, 2008

Almost There.....

Once again the markets sold off today just like I expected it. Today's selloff brough the markets to a level about neutral. What that means is that now it could go either way. It could rally but it would be better if it would selloff at least 1 or 2 more days. If that happens, then next week would be very bullish. VMW worked out like I said if the markets wouldn't selloff as bad as Tuesday. If it continues it's upward trend, and if the markets become bullish then it could fill it's recent gap. That could be all the way up to $72 to $73. Just remember that the key word is "if". After this weekend there will probably plenty of stocks setup to move higher.

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