Market View For 10-27-2008

S&P 500

Monday 10-27-2008
Continue to keep some or all cash on the side lines during this rough time in the market. We are in the midst of sideways chop in a down trend. We need a strong candlestick buy signal and a Swing Low confirmation before we commit large positions.

Good Trading  and always Trade For Profit
See you all in the Trading Room
Rick