Amateur sees 2 possible

scenarios. Dah, there's always 2...lol

An A B C. I agree, it's time to move up possibly into Jan 20th area. I'm just not sure the SPX will break above the recent highs of 920ish.
I guess if it does move on up to the 1,000 area then humble1 and teaparty will be happy and correct campers.
Of course, if the market continues breaking down from here I will be wrong about the bounce or rally mode we should see in the wks ahead. Oh yeah and Bob will be right about down, down, down from here.

Wave B up for crude to start soon if it hasn't started Fri with the recent mid-east tension.
Mid 50s to low 60s target.

http://www.amateur-i...s_Dec_27_08.htm

A bone crushing move up to commence for 7 days! Every cycle is lined up for this, just tightening and lining up each day. Well maybe 10% move will put most everything up to the 20/40 bollinger bands.