10% Correction Resurfaced
Started by
redfoliage2
, Feb 08 2007 01:01 PM
4 replies to this topic
#1
redfoliage2
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Posted 08 February 2007 - 01:01 PM
About 2 weeks ago, someone posted here saying a possible 8 to10% correction and I replied saying not before SPX making a new high. Now, seeing market made a new high in the wrong economic environment and wrong season as well as majority of newsletters and investors are bullish than ever and the seasonality, it may be ripe for that possible 10% correction to occur between now and the end of the March.
#2
da_cheif
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#3
redfoliage2
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Posted 08 February 2007 - 01:39 PM
Already made.making a call??
#4
eminimee
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I don't care who's fur is flying...
Posted 08 February 2007 - 02:24 PM
this one?
7 to 8%?..I said May but went April 660's instead...I figured we might slosh around up here for awhile but not this long...should have gone with May's.
http://www.traders-t...?...c=65217&hl=
7 to 8%?..I said May but went April 660's instead...I figured we might slosh around up here for awhile but not this long...should have gone with May's.
http://www.traders-t...?...c=65217&hl=
Edited by Teaparty, 08 February 2007 - 02:33 PM.
#5
arbman
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Posted 08 February 2007 - 02:55 PM
Crappiest market for a while... yes it's going up though...
http://ichart.finance.yahoo.com/z?s=^GSPC&t=1d&q=&l=off&z=s&c=^IXY,^IXR,^IXE,^IXM,^IXT,^IXV,^TXV,^IXB,^IXU&.png
