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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives -- Ignore unavailable to you. Want to Upgrade?


To: happy_camper who wrote (5034)6/3/2010 6:33:29 PM
From: GROUND ZERO™  Read Replies (1) | Respond to of 220215
 
How high? Well, how about a couple of more ticks... LOL!!!

Okay, seriously, my model says that we could possibly reach as high as 1306.00 in the SP's, but mind you this is not a target, just that we could get that high possibly on this rally... but, if we do, then that will most likely be another major topping area... there are also vertical prices at around 1225 and around 1240ish, I haven't yet crunched the numbers there so it's not yet precise, but the 1306.00, IF WE GET THAT HIGH, will be the maximum stretch this market could reach without a significant pull back one again... was that helpful?

GZ