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Investing Ideas_04 08 2010 review

|Includes: C, FXI, General Electric Company (GE), GOOG, JPM, MMM, MSFT, UUP, WMT, XLP

 It’s a very interesting situation in the market. The activity has appeared. It would be great if it were bulls’ activity.

We see the bears now. And maybe here is the correction which we have mentioned.

It is important to handle with the care in the market now, because market’s participants may react more sensitive than usual to any news.

A new resistance has formed in S&P 500 chart. This is now at 1,191.80. And to overcome it would need lot of power.

S&P 500 daily chart: