- October 27, 2008
- Posted by: Ramki Ramakrishnan
- Category: US Stocks outlook
This is going to be brief, folks. A safe sell level over the next two trading sessions will be at 95.55 with a stop at 96.85. Further out there is some more resistance at 97.11, but at present even a move to 96.55 looks remote. Be patient. Remember we only want low-risk trades. If the move doesn’t come within our time frame, we simply forget the idea and look elsewhere.
P.S. My web-host reported that the server where this Blog is stored had come under some virus attack. Some of you might have experienced error messages , and now you know the reason.