This post by pokerden has been promoted from StockTock Social.
I don’t know why I am being such a contrarian. Kenny and Daneric and even some of the die hard bulls over on the SKF board on yahoo are extremely bearish for Monday. We have had no good news out of the G20. Auto bale out may not happen with Bush in control (which I agree with…what will probably happen is the government will get them just enough money to last until Obama is sworn in). Please ignore the ST double top. Please ignore the falling retail numbers. Please ignore the growing debt and expanding bale out for non-financials and municipalities.
Concentrate only on:
Sometimes I think charts are like statistics 
Anyway the target for this guy would be around 100.5.
Oh yeah….now I remember why…I am still holding DEC 95 calls 
At least CPI and PPI will probably be down because of deflation.
Sweet – I’m also long
Don’t be so happy…I have been on the right side of the trade recently…so I am due for a beating
we broke the bottom trendline on futures…
….annnd we bounced off 850.00.
I wouldn’t be surprised if that’s the start of an MA pattern.. all we need now is a small rally to shape an A and then selloff back to the lows..
Doesn’t look anything like a reliable Bull Flag.. (volume action isn’t in it’s favor)