A Popular New Year’s Resolution: “Stop Paying My Credit Card Bills”
March 17, 2009 at 14:12 PM EDT
Well, after a 16% trough-to-peak rally in just a week and a half, things might be about to get very interesting indeed for the S&P 500. The index touched and briefly breached the support-turned resistance at 767, the old reaction low from 2002, but failed to close above it. With the Fed announcement on Wednesday, [...]