SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?


To: Real Man who wrote (87475)5/23/2009 12:49:12 PM
From: GROUND ZERO™  Read Replies (1) | Respond to of 94695
 
I can almost agree with you about the low 800's being that second of two shoulders, but now that everyone is calling for that and expecting that level to hold, my guess is that either the selling will be very shallow or much deeper than 800... frankly, I think we could see that 666 tested or broken, or at least the low 700's... not to be the spoiler around here, but I wouldn't be surprised to see the SP test the 400 handle before it's done...<g>

GZ