The Wrap 11/3/11

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SPX
SPX

My brain is in melt down mode, so I cant write about Greece tonight, but it looks like Popandropolis has acquiesced to the masses and Merkozy and the market went up.

The yellow line above is the 200 day simple moving average and the bulls need that to be taken out. A close above that level is important too. It may not happen tomorrow, but that is your level to watch.

I updated the P&L so check it out and I will see you tomorrow. One step at a time, this market is still treacherous. Have a great night.

 

 

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