Buy and Sell Signals, and Other Market Perspectives Message Board

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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives

SPY 690.27

0.0%

Dec 26 4:00 PM EST

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To: GROUND ZERO™ who wrote (39994)	11/8/2012 1:16:43 AM
From: Gary105	1 Recommendation Read Replies (2) of 220773

Longer term we fill gap in the 900 area or below. Uncertainty between now and year end. Unless we crash lower in the next few days, I think we build base in this area with year end rally possible. I say this because P&F for Dow has hit its near term downside target. Generally dowside target is followed upside, then downside, etc. stockcharts.com The negative in the above is that chart looks like we have entered longer term downtrend S&P chart is a bit different - almost hit downside target, longer term is still in uptrend stockcharts.com

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