Wednesday, February 28, 2007

The BCLI market call is for the DOW to bounce somewhere between 11400 and 11600.
I see no evidence of a bounce from yesterday's chart action. It just pushed downward all day.
A good bounce is when the market is WAY down in the middle of the day and then comes back a lot before the day is over. I can see that happening if the intraday low is 11400.

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