As stated in the older posts, there is some significance in the zone of 1034-1066. So, SPX is flirting with 1066 again at this writing. SPX has a month opening 1,054.91, it seems not a tough task for "them" to avoid a red October.
This is a closing post for "SPX monthly outlook - The Hunt for Red October"
SPX monthly outlook - October, 09
Started by
stanley
, Sep 27 2009 06:49 PM
21 replies to this topic
#22
IYB
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Posted 01 November 2009 - 01:04 AM
Looks like they found it....
http://stockcharts.com/c-sc/sc?s=$SPX&p=M&st=1996-01-28&i=p04692368903&a=181755078&are=227.png
http://stockcharts.com/c-sc/sc?s=$SPX&p=M&st=1996-01-28&i=p04692368903&a=181755078&are=227.png
“Men, it has been well said, think in herds; it will be seen that they go mad in herds, while they only recover their senses slowly, one by one.” ― Charles Mackay, Extraordinary Popular Delusions and the Madness of Crowds
