Marketgeometry

Monday, August 20, 2007

Monday Mornign Thoughts 8/20/2007

The world survived another weekend. The Asia markets had big days last night and Europe is doing fine. The futures are bouncing back and forth. The one things that sticks was TMA was up 2.5 points and then in the matter of minutes, it was down a point and half. It has only traded 300k shares so off.
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I am waiting to hear what type of response the Big Mouth gives Barrons article.
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Other than that, my wife is debating what colors to paint the inside of the house. I know nothing about paint colors - painful.
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With the markets, I am looking for a test of the 50 to 62% retracement points of the recent decline before we work lower again.

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