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 680.44

+0.6%

Dec 19 4:00 PM EST

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To: Fintas who wrote (52131)	6/21/2013 12:56:27 PM
From: Joseph Silent	Read Replies (1) of 220480

If one looks at that chart objectively and uses many variables it's not hard to see 1400's. The pattern one sees depends on many things, including one's makeup. That is why one man may marry a woman another man can't wait to get rid of. It's not hard to see the 1300s either, and nothing is impossible. However, if we go below 1500 now or at the very worst 1490 or so, then things begin to go wrong with projections on how far the market can move up (to new highs) in given time ......... That is why I think we will recover before your more pessimistic targets.

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