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IBDvalueinvestin (98.52)

Gut feeling Market will Recover most of today's Losses



April 23, 2012 – Comments (1) | RELATED TICKERS: SPY , DIA , QQQ

ahead of AAPL earnings. I have seen this kind of action many times and rebound can be just as furious as the dip.

1 Comments – Post Your Own

#1) On April 23, 2012 at 1:48 PM, IBDvalueinvestin (98.52) wrote:

I know, this is a repeat but as of April 16, 2012. The government has paid out  $227.45 billion so far this year in refunds.

Somehow , some of that money will see an opportunity here today with the market  now below key support levels of the recent last 2 months.

13,000 on DJIA,  3,000 onNasdaq, and 1,400 on S&P 500

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