Monday, August 29, 2011

Retrace to the H&S neckline around 1250

Not too much to say, busy on some projects, even investigating real estate.  

Although RE hasn't quite got down to the point where every disrespects it at barbeques, which should happen before the real bottom.  Still a hard asset is likely to do better than a fiat currency.

My posts will be pretty light.    Ad revenues haven't even been high enough to pay for a Stockcharts membership, and that ain't saying much.   That said, I have not been in tune with the market lately, so it is time to step away from the keyboard. 

1 comment:

  1. My point and figure charts indicate 1360 on the S&P as a target.
    Seems quite optimistic given current circumstances.
    I like your target better.



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