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so longer wait now for SPX 1600-1700-1800?


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#1 n83

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Posted 01 November 2007 - 04:05 PM

just when folks were saying all clear

:)

http://stockcharts.com/charts/gallery.html?$SPX

#2 ogm

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Posted 01 November 2007 - 04:15 PM

Looks like it.

Some unfriendly momentum is developing.

You don't want to get run over by that thing....

#3 greenie

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Posted 01 November 2007 - 04:21 PM

Do not fall into this permabear trap. My e-wave based method still projects to 1600 SPX in near term, 1800 by next year and bull market forever.
It is not the doing that is difficult, but the knowing


It's the illiquidity, stupid !

#4 n83

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Posted 01 November 2007 - 05:51 PM

Do not fall into this permabear trap. My e-wave based method still projects to 1600 SPX in near term, 1800 by next year and bull market forever.


the 'illiquidity' moniker and this post do not jive imo

#5 greenie

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Posted 01 November 2007 - 06:37 PM

Do not fall into this permabear trap. My e-wave based method still projects to 1600 SPX in near term, 1800 by next year and bull market forever.


the 'illiquidity' moniker and this post do not jive imo


It's illiqudity that pushed the GDP to 3.9% last quarter :).
It is not the doing that is difficult, but the knowing


It's the illiquidity, stupid !