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 681.86

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4:00 PM EST

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To: penthouse mike who wrote (48408)	4/10/2013 6:42:38 AM
From: GROUND ZERO™	2 Recommendations Read Replies (3) of 220925

Below is the 25 year monthly SP futures chart... in March of 2000, the all time top was at 1574.00... 91 months later, in October 2007 it reached a high of 1586.50... the difference between the two highs is 12.5 points... if you connect the two highs, that line rises each month at the rate of .13736 points each month over those 91 months... we're now in April of 2013, this is now 66 months from the previous 2007 high... at the rate of incline, that line would be at 1595.56 for this month... at 1595.697 for May 2013... I wouldn't be at all surprised if that were the absolute high for the market this year before a more serious decline begins... also, considering where the current major VP is placed and scheduled, I have to wonder if the "sell in May" effect is going to take place no matter what the FED does... GZ

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