Where do we go from here?

Sep 20, 2009
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#1
Right now it is premarket and the futures are down...

At this inflection point i think it is time to pick a side of the fence. Lately I have detected a lot of bearish sentiment and I believe that it makes me a contrarian to believe that we are going higher from here.

I am bullish so much so that I would even go as far as to say that even if we went a little lower, I think that it would only be a fake out... Would any one else like to way in on the general short term market direction?
 
Sep 20, 2009
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#2
I think it's time we rally

After such a run up... Is this all the pull back we are going to get? Will we revese lower in the next couple sessions in order to continue the pullback... Are will we rally to the 1100 level?

I for one think we will head higher into next month. With GDP improving the customer should have a little more spending power going into the retail season of the holidays. As it stands, I don't see a reason to go much lower as It will spell out doom's day for the broader indices...

Id like to know how everyone els feels about our latest Price action...