tag:blogger.com,1999:blog-2335748440449035592.post3219712192376904891..comments2008-03-11T14:54:11.350-04:00Comments on Fund My Mutual Fund: Fed Rides to the RescueTraderMarkhttp://www.blogger.com/profile/06241756200482130281noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-2335748440449035592.post-73266086463696481952008-03-11T14:54:00.000-04:002008-03-11T14:54:00.000-04:00Remember, we can now rally all the way into the ne...Remember, we can now rally all the way into the next Fed meeting.. etc etc. Certainly would not be surprising to see a return to 1330 as first resistance and potentially 1370 if people get really happy. Unlike the Fed cuts, todays actions by the Fed actually will help to some degree - I mean if anyone will take junk off your hands that no one else will, it must help the system.TraderMarkhttp://www.blogger.com/profile/06241756200482130281noreply@blogger.comtag:blogger.com,1999:blog-2335748440449035592.post-18196205056506009272008-03-11T10:41:00.000-04:002008-03-11T10:41:00.000-04:00At least in the short term, the DJIA seems unable ...At least in the short term, the DJIA seems unable to stay above 12000 while the SPX seems unable to stay above 1300. These numbers aren't significant from a technical standpoint but are from a psychological standpoint.Brianhttp://www.blogger.com/profile/06708811091120040283noreply@blogger.com