Technically Speaking: SPY... risk to 101, lets hope it holds!

Technically Speaking

by Bradley J. Fluetsch, CFA

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Bradley J Fluetsch, CFA
Fluetsch Financial Services, LLC 5730 North Douglas Hwy #B Juneau, AK 99801 (907)523-1029 www.fluetschfinancialservices.com brad@fluetschfinancialservices.com *************************************** I was first exposed to the markets in high school when my math class received the school districts first Apple IIE's (1981). I tracked and charted timber futures and Eastern Airlines stock price. I have been observing and speculating on the markets ever since. I graduated from Washington State University with a BA in Business Administration and minor in Economics (1986). In 1991 I decided to make investing my profession and started the Chartered Financial Analyst program that year and earned the right to use the CFA designation in 1996. In 2004 I had a brief exposure to the brokerage industry and was required to get my licenses NASD Series 7, 66; which I did. In 2005 I started Fluetsch Financial Services, LLC because it was the only way I could provide the kind of service that I could be proud of and stand behind.
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Technically Speaking: SPY... risk to 101, lets hope it holds!

SPY... risk to 101, lets hope it holds!

So it has been awhile since I wrote something but I have been busy campaigning for public office. The election is tomorrow and the light at the end of the tunnel has brought me this vision, a chart!

See that low, let us all hope that it will hold! You do not want to see a three year chart plotting other lows, nobody wants to see them again!

Please figure it out Europe, Congress or maybe the Mayan's calendar is really a trading calendar and it is the end of the financial system! FIGURE IT OUT!

Take the hair cuts!

Posted by Bradley Fluetsch at 10/3/2011 3:29 PM

Categories: Economics
Tags: stock loss equity market Congress Obama Democrat Republican bond retirement invest

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Bradley J Fluetsch, CFA

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SPY... risk to 101, lets hope it holds!

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