GoodVibe Call - The anatomy of A top
June 10, 2009
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RELATED TICKERS: GS
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This is a quick post I wanted to pass to you. We have a very good risk/reward spot here of where we are going next. See the chart below.
If we break the black line @ 923.85, the market is a sell. Also, going to 970ish is another spot to sell. This spot has great chance to be a MAJOR top.
If you believe we are going up, then this is your chance to buy with tight stops @ 923.85 or 912.78.
Current 932.57
I hope this adds some value to your thinking.
GoodVibe