Wednesday, February 13, 2008

Price Action

Market reacting to data this morning. Retail Sales figures gave a lift to futures as of this post but a number that really means little. The indexes need to continue to work on filling in some price holes created by the sharp sell off in January. A big positive would be taking out last weeks highs and closing above them. For the DJI, SP 500 futures, NQ 100 futures that would be; 12750, 1400, and 1869.25 respectively. Next bit of data of importance will be anything Bernanke has to say on Thursday.