These are my thoughts and opinions on many topics. My passions are the stock market and helping abandoned and orphaned animals. In this world, it seems most things don't make much sense to me anymore. This is my feeble attempt to share all of the above. The blogs will include items that might make you shake my head as well as give you my take on why they happen. Enjoy.

Sunday, May 31, 2009

S+P.....Getting Closer

This is really becoming my very favorite chart. The 50 and 200 day EMA are converging and the S+P is close to breakthrough the 200 day EMA. It looks good watch for the breakthrough. that is when we head to 1200 on the S+P, that is if we continue up say 5% from here.

Chart courtesy of www.stockcharts.com.
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