SPX climbs above the heavy resistance at 1260 and thinks it can drive 100 points higher to targets. In this scenario, the NDX would attain new highs and even the Russell 2000 small caps would retest the summer highs.
Will it be real or will it be Memorex? Does it matter? Bonus checks will be deposited and asset owners will be bailed out yet again; for the time being.
http://www.biiwii.blogspot.com
http://www.biiwii.com
Will it be real or will it be Memorex? Does it matter? Bonus checks will be deposited and asset owners will be bailed out yet again; for the time being.
http://www.biiwii.blogspot.com
http://www.biiwii.com
yep
ReplyDeletevix has more to go on the down side ,like 15 16
so markets will retest the highs
Then early next year ,resume of the euopean crisis and we fill all those gaps up 25% lower.....
jmho