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 683.38

+0.1%

Nov 12 4:00 PM EST

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To: Vendit™ who wrote (43743)	1/13/2013 8:37:55 PM
From: Joseph Silent	Read Replies (3) of 218745

I think Vendit, while we may have the retrace you are looking for on news, the market has this energy that is looking for an excuse to go higher. So I expect that we will get a strong move up. First it has to cross 1475. At the least I expect the 1490-1500 area, but it is possible to go to 1510-1520 too ...... strange I know. But it all depends on whether it will get the news it is looking for. If all this happens, I don't want to see it come down below 1475 right away. That will change things. :)

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