899 preopen Monday

Monthly- downtrend in place, 716 next target.  915 will start new uptrend. divergence at the lows.  time pressures up til 3-31-09. buying pressures turning up.

Weekly – upleg in downtrend. next target 946.  time and buying pressure up.  719 restarts the downtrend.

Daily – upleg in uptrend. overnight trading has taken out the dec 1st high and the second price objective.  next target 926-928.  it will take a 50 point drop to restart a downleg.  buying pressure up.  coming into downward time pressures – exit at the next up target.  the cycles end 12-17. mobility oscillator rising.

intraday – flat in uptrend. new upleg at 908. 891 starts a downleg to 876 and 862