SPX Support 830/31 Friday, Buy The Dip!

Looking for a top above 1000 SPX by Jan 12/14 and gold stocks by Jan 14. I repeat, I like buying this dip big time. Just my opinion, but...what the h*ll do I know.

Yep, been expecting an C wave up to the 1000-1100 area somewhere during Q1 to complete the correction from 750 under progress. Volatility will come down so there will be cheap puts to be had which is nice and well. Then all the different breadth metrics have 'reset' there is room for another large decline during 2009. What do puzzle me is the high put/call ratios we have both in the ISSE and the CBOE, they are at the same level as the top in May 2008 where the large crash decline started. Maybe some kind of large divergence setup are being constructed there as we speak.

With you both ways at this point, Bluestar-I've got SPX 822.

With you both ways at this point, Bluestar-I've got SPX 822.

Good Call on the high today, Spook.