Teaparty, I agree with both of your comments on S&P and NASDAQ.
Market is getting weaker, but so far bears have not proved anything. I will remain flat.
Denleo
At which point can one safely rule out new highs?
You'll never find a point....we WILL take out 1575 spx eventually..
cheif, is that you?
What...do you think we'll NEVER take out the highs on spx??
Of course we will, but I am more interested in the next few weeks/months then lets say....3-4 years. Figured you are too.
..ahhhhh....then you had better be more explicit
...I'm just yanking your chain...to your point...my number in the short term to indicate this top is "IN"....would be oex 420..but if you think there is a "no return magic number"...forget it..
Edited by Teaparty, 03 June 2009 - 02:10 PM.