Gee, your numbers are "all over the place" (g), you had :
"scenario" vs. "alternate scenario" -- a pox on both of them.
If this week was supposed to show a significant decline, culminating on Dec. 14th, it is most unimpressive. Frankly, I doubt we go below 1900 between now and end of the month. I would consider a correction down to 1800 to 1850 range as manna from heaven. If it does not occur by end of next week, forget about a near term correction. Just my opinion. "
Now, it is 1700-1750 which is mana from heave (VBG).
Zeev
In edit, here is were I would have deployed the Q again, but since we have barely 40 minutes to the close, I will not. I don't want to be under "closing pressure" and I think that early tomorrow we will have a continuation of the down trend. We should hold, at least until lunch the 1934 are tomorrow, but I am not sure if it will hold much longer than that, before we get a strong rally late in the day tomorrow. |