Tom O’Brien, "This Market isn’t Going Anywhere"

By on September 19, 2008

I was listening to Tom O’Brien of the Tiger Financial News Network on the the way home today. O’Brien was skeptical of the rise in the S&P 500 from 1,133 to 1,255 over the past two days (a whopping 10% gain). Based on his volume analysis, O’Brien said the S&P 500 would re-test 1,133 in the next few weeks and probably break down below it.
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