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


To: GROUND ZERO™ who wrote (40341)11/13/2012 9:07:57 PM
From: Keith Feral  Read Replies (2) | Respond to of 221961
 
I'm sure it could break that line over time, but probably not until next April or May.

It really depends what kind of winter we have. If trading stays strong from December through March again, I think we could rally back to 1450 or maybe 1500 before seeing another 10 or 20% pullback. 2 corrections a year seems to be the gentlemen's rule over the past 4 years. No reason to change anything right now.

Soon, everyone will get bored trying to drag the Euro down, and it will rally. Stocks will follow.