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To: Rarebird who wrote (104177)1/18/2017 12:42:44 AM
From: John Pitera  Read Replies (1) | Respond to of 116753
 
HI Rarebird..Excellent Analysis.... I agree with points 2, 3 and 4 almost exactly...... and I agree with you on point 1 on what SPX action will be in 2017... what happens after 2017 is not completely clear to me, but I will tell you that I have listened and at times made the argument that we may ultimately see the SPX back down to the 666 level of March 2009.

these longer term speculations are prone to evolve as all of the components of the Global Capital Markets unfold over time.

Thanks so much for posting.

I have a USD chart posted here that should contain the downside and enable us to move up to that 107.80 area....

Message 30938565

John