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Strategies & Market Trends : Longer-Term Market Trends

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To: Perspective who wrote (1911)10/11/2008 8:32:46 PM
From: morokko65  Read Replies (1) of 3209
 
What do you think of the target of 650 SPX for the 3 on Mish's chart. I seems that everyone is looking for the 2002 lows of $800+- to be the test. it seems that a bounce now OR, more likely we blow through the 2002 lows and spike down to 650,to crush the double bottom buyers then rally hard, which would fake out the bears...

just brainstorming....
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