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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?

To: Real Man who wrote (89238)	7/30/2009 5:12:53 PM
From: GROUND ZERO™	1 Recommendation Respond to of 94695

The 778.30 is now history, I think the next threat is the 998.55 level, but I think that will also be over run... if prices are not immediately repelled by that level, then prices will just keep on going, notice what happened at 778ish, the market actually closed right on it and was not repelled at all... I wouldn't get too cute with shorting this market, every time it sells off it snaps right back with a vengeance... this is a bull market now and I think we'll see SP 1200ish before year end and 1400ish some time next year...<g> GZ