Professor’s Comments Update 2/25/20

Posted by OMS  at February 25th, 2020

OK, we’re getting the small wave 2 pop I talked about earlier this morning. This should be an a-b-c affair that takes prices back closer to the 28,200 level. If that happens, I’ll buy a few shares of DXD for the Model.

Also, FYI, students should watch yesterday’s low of 321.24 on the SPY. If this level is taken out, prices should start a quick decline, taking the Dow down to the 27,600+/- level.

h

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