Friday, February 18, 2011

SPX 1450 target, per monthly chart from November...

And a reason why I would never be net short or anything near it.  Also from NFTRH109 on November 7th.  Funny how the charts don't lie, if we would only have the patience to listen to them over extended periods of time.  Ben, you are my hero.  Resistance got left behind 2 mos. ago.  1450 is the objective and I am now less bullish on the intermediate to long term, unless broken resistance is tested soon.

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