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Strategies & Market Trends : Technical Analysis With Charts

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From: MACD X12/25/2007 5:56:33 PM
   of 6865
 
s&p 2008 Prediction sideways to down.

stockcharts.com

The S&P like the others have symetrical patterns and the bull market is likely in on this sector too.

the housing and financial problems may likely get worst and this sector may take an additional hit because of this.

This sector as the others is expected to be sideways to down in the coming year and in fact coming 2 years.

The top should be in and as much as a 30% bear market could be setting up for the next few years.
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