So speaking of SPX, you see it going to 1,050 or so, then down to 750?
When do you think we see the new lows?
R, 24. March 2009, 16:10
They call it Suckers Rally, you know.
Speaking technically of SPX, i guess it can jumping high till 950 points, not more.
About the lows, i think we’ll see them in the summer or fall of 2009.
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We break the channel over the top before opex April, and then bounce around on top of it for weeks on end waiting for news and earnings predictions.
My thoughts anyhow.
It closed above the channel top.
Could still correct this week (and probably should!!) but you’re probably right — going higher in the next few weeks.
It smells like SMA200 is the next target…
What are you thinking:
- 200dma, then back down again?
or
- is this “once in 80-100 years crisis” over, thanks to the U.S. government?
I guess that after the kissing of 200, it will rapidly cracking down first, to 25% of the movement.
…but we don’t see *the lows*, not yet!
So speaking of SPX, you see it going to 1,050 or so, then down to 750?
When do you think we see the new lows?
They call it Suckers Rally, you know.
Speaking technically of SPX, i guess it can jumping high till 950 points, not more.
About the lows, i think we’ll see them in the summer or fall of 2009.