Thursday, May 13, 2010

We are at "Hamburger Hill"

The Bulls and Bears are at critical points here. S&P500 1150 and S&P1172 is the battlefield. We call it "Hamburger Hill" based upon the movie by the same name. It is going to be bloody for both sides in here. If one of the levels has a confimed break-out or break-down, either the Bull or Bear is going to be crushed. Play it out. Check emails for updates and strategies.