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TSBTV#102 - Market View 9-27-2009

TSBTV#102 - Market View 9-27-2009

Once again last week we saw the major indexes reach new recovery highs from the March lows, but the ending was different for the first time in a while - we finished negative.

Is it time to worry that the rally is over?  Well, not yet.  A 3-day dip doesn’t put an end to a 7-month rally, and the dip-buyers just might step in and do their thing.  It is a good reminder to us that the market can move lower, even from these levels, but more technical evidence will need to be seen before a bearish stance is validated.

Here in Episode 102, we’ll examine the NAZ, S&P 500, and DJIA and discuss some important levels to monitor going forward. Hope you find it helpful!

(Be sure to click the full-screen option for best viewing.)

Hope you enjoy the show! Thanks for watching and subscribing, and feel free to post your ideas and comments down below.

Trade like a Bandit!

Jeff White
President, TheStockBandit, Inc.
(Premium service)
(Trading Blog)


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