First the chart:
SPY Target
Okay, based on my flimsy Tech Analysis, I think the current bounce will end Monday or Tuesday, somewhere between 106.57 and 108.21. This should be followed by a steep decline to 101.28 (or below).
Next Target for SPY
A PART OF NY A Macro View on the minutiae
Disclaimer: You are a complete bonehead if you take and act on any of the advice given on this blog. You need to have your head examined if you solely rely on others telling you what to do and do not do your own homework. This is fun for me and should not be construed as investment advice. If you think it is, DON’T! Enjoy!
5 guests, 0 members
Max visitors today: 12 at 04:08 am UTC
This month: 66 at 03-05-2010 05:24 pm UTC
This year: 66 at 03-05-2010 05:24 pm UTC
All time: 66 at 03-05-2010 05:24 pm UTC
Powered by the ZenLite Theme
5 visitors online now5 guests, 0 members
Max visitors today: 12 at 04:08 am UTC
This month: 66 at 03-05-2010 05:24 pm UTC
This year: 66 at 03-05-2010 05:24 pm UTC
All time: 66 at 03-05-2010 05:24 pm UTC