SPX OUTLOOK WK. 1/30
Started by
mss
, Jan 28 2006 05:40 PM
No replies to this topic
#1
Posted 28 January 2006 - 05:40 PM
There are mixed signals, but most suggest more to the upside. I question the underlying strength to move far. Still think 1325 is doable, but unless very soon it will be late Feb or March before it happens and that could lead to a deep decline to the 1245-1250 area first. The last chart shows that we turned up from mid channel and history suggest that is a weak move.
Comments welcome.
WOMEN & CATS WILL DO AS THEY PLEASE, AND MEN & DOGS SHOULD GET USED TO THE IDEA.
A DOG ALWAYS OFFERS UNCONDITIONAL LOVE. CATS HAVE TO THINK ABOUT IT!!
A DOG ALWAYS OFFERS UNCONDITIONAL LOVE. CATS HAVE TO THINK ABOUT IT!!