Friday, July 18, 2008

18 Jul CitiBank earnings surprise




This is my forecast for DOW, DOW would top out at 11472, for another leg downwards.

However the risk is that CL1 has fallen below 130, and may be heading for weeks of losses ahead.

Otherwise, we may also see an Earning Surprise for CitiBank today, to the DOWNSIDE.

As for S&P, it is near to my forecast top for this week.

If you agree that the current Stock Rally, due to Short Coverings is coming to an end,, pls click on the Google Ads.

No comments: