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Friday, October 28, 2011
'1360 Express' updated
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.