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SPX monthly outlook - October, 09


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#21 stanley

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Posted 29 October 2009 - 02:20 PM

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"

#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
“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