The first Special Report from Market Magic Report. Do NOT buy until the S&P 500 Index closes about 1100. We might be playing a game with the 1100 level. If it breaks through and closes above this level the market will continue up until the end of the year sometime. Or we will drop down again then come up and test the 1100 level again by the end of the year.
If it does not break above 1100 this time we will be looking at a double dip and the market will then have a significant pull back. So lets keep an eye on this before we pull the trigger. Unless we want to put some PUT's on the board. The MMP will get into options in our next issue.
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