Stock market Commentary 20081104
Submitted by TimingStrategies.com on November 4, 2008 - 18:10.
Cyclical bull move in a Secular Big Bad Bear. Trapped longs from the highs on 20080919 of "Paulson's Puke Peak", baby boomers, etc: Should make for mild overhead resistance at ~1020 - 1120 = "Battle of Little Big Horn" on the S&P. While 1180-1220 S&P = "Battle of Stalingrad and Berlin" combined.
