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To: Henry J Costanzo who wrote (166480)4/16/2008 8:00:22 AM
From: Moominoid  Read Replies (1) | Respond to of 209892
 
Also possible as are more bearish options though my other analysis is pointing to a bottom in formation. We'll have a better idea if the resistance around 12800 on the Dow (1400 SPX) is pierced.

It's looking good based on the INTC news and my model is pointing up for several days ahead if this move holds. But we still have the CPI gauntlet to run.