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Strategies & Market Trends : The Residential Real Estate Post-Crash Index-Moderated -- Ignore unavailable to you. Want to Upgrade?

To: patron_anejo_por_favor who wrote (26618)6/23/2011 9:06:21 AM
From: TH  Read Replies (1) | Respond to of 119360
 
p,

I like your SPX target. Another trader buddy and I've talked about that level. If it gets to there, I think it is possible that fear will put in a V to 950.

But, I'll remain flexible. Hard to make any firm targets with Bernanke sweating like a pig behind his terminal <g>

Gold and the shares are more tricky for me. At some point, awareness that they will print again will become pervasive. Again, just going to remain flexible. Cover my gold short at anything below 1325 (at least there it will be wildly profitable for me).

Good Trading
TH



To: patron_anejo_por_favor who wrote (26618)6/23/2011 9:12:08 AM
From: John Chen  Respond to of 119360
 
" The SPX has a date with 1050 or so, too "

Was late with turning on the tv last night.
Heard some number like 10000 was thrown around.

Was it about the DOW ?

Please update.

Awesome.



To: patron_anejo_por_favor who wrote (26618)6/23/2011 9:20:26 AM
From: Roads End2 Recommendations  Read Replies (2) | Respond to of 119360
 
That was baked in when NGD left a huge gap up at 6.66

There is another 666 out there to test too.


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