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Strategies & Market Trends : Classic TA Workplace -- Ignore unavailable to you. Want to Upgrade?

To: Henry J Costanzo who wrote (143902)	4/25/2007 10:49:17 AM
From: rcksinc	Read Replies (1) \| Respond to of 209892

mc I am long the spx here, I have no idea what will stop this bullish push. New home sales came in way low as did existing yesterday but it only slows the rise. With 1500 so close on the SPX, we will go there much like 13,000 was finally tagged. aj on ihub came up with some price targets and not that they mean anything per se, but they certainly are all doable, starting with the DWC reaching 15,382. investorshub.com He also sees the SPX having a thin zone from here 1480 to 1525-1530 and it looks that way to me as well, in terms of price resistance. If and when we approach 1515 area I will add some spx puts but no worries today, my stocks are all looking quite bullish and that is not a bad thing.