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SPX OUTLOOK MAY 15+


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#1 mss

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Posted 13 May 2006 - 04:48 PM

:)
Not much has changed from the original forecast several months ago, but time to tidy it up.

Well we "topped" off at 1325ish, at the present but don't get comfortable with that. The decline is likely to be several bounces and several swift drops, but the first great stop is suggested to be in the area of 1270-75. We will just have to see a little later as there are some very mixed signals. I don't think this is "THE TOP" but 1400ish probably is. Most of the charts you have seen before and some have notes, but this is the current update. B)

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Comments welcome.

:cat:
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!!

#2 Rogerdodger

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Posted 13 May 2006 - 07:14 PM

I don't think this is "THE TOP" but 1400ish probably is.

The scary part is that I could see this go higher.
It's scary because it may just be a "learned response" and may indicate the sentiment of many others.
I often scare myself.
But TWT!
(English intrepretation of TWT: Time will tell)

#3 mss

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Posted 13 May 2006 - 07:41 PM

I don't think this is "THE TOP" but 1400ish probably is.

The scary part is that I could see this go higher.
It's scary because it may just be a "learned response" and may indicate the sentiment of many others.
I often scare myself.
But TWT!
(English intrepretation of TWT: Time will tell)

Glad you cleared that up, I read it as TWIT, thats what speed reading does for you. :lol:
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!!