4 replies to this topic

[Frac_Man]

If you review the prevous posted chart for the SPX the top did appear at F5 ( 1426 ). We should continue down into the 1400 ( F6 ) area for another bottom and potential rally for new highs. Intermediate term the S&P should rally to about 1480 + in the first quarter. The bears will have to wait till maybe spring ............ IF the decline develops into a sharp spike down, that would be the confirmation for F6. Always expected the unexpected, and hence map the market and don't fit the market to a map ! enjoy Hank

Edited by Frac_Man, 01 January 2007 - 08:10 PM.

[bullbear]

If you review the prevous posted chart for the SPX the top did appear at F5 ( 1426 ).
We should continue down into the 1400 ( F6 ) area for another bottom and potential rally for new highs.

Intermediate term the S&P should rally to about 1480 + in the first quarter.

The bears will have to wait till maybe spring ............

IF the decline develops into a sharp spike down, that would be the confirmation for F6.

Always expected the unexpected, and hence map the market and don't fit the market to a map !

enjoy

Hank

The unexpected is that we drop

[Tor]

hank, it doesnt look likely. the markets are taking off in a big way. look at europe!

[.Blizzard]

hank, it doesnt look likely. the markets are taking off in a big way. look at europe!

...Maybe tomorrow


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[Frac_Man]

Yes that's today and not tomorrow

have to give this stuff some time

hank, it doesnt look likely. the markets are taking off in a big way. look at europe!