Wednesday, November 28, 2007

Daily Equity Market Comment 11-28-07

The intermediate term is starting to come together nicely with almost all models on green for not only higher prices, but also strong confirmation of the most recent low being of some significance. This could very possible lead the way towards a run to the highs and perhaps more. Of course it is always a day by day study of the markets but there are some very strong implications that a very very strong wave of buying may be upon us.

The probability model is calling for some type of consolidation in here which should be great for day trading. The model calls for a back and forth day with the bulls winning out in the end.


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