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Re: jetlag post# 116508

Monday, 03/17/2008 5:30:47 PM

Monday, March 17, 2008 5:30:47 PM

Post# of 148479
I think we'll get a low on either Thursday of this week or Monday of next week, ideally 1220-1230 SPX. If the world falls apart or if a #1 seed is beaten by a #16 seed in the NCAA tournament, we could drop as low as 1160 SPX.

From there I'm looking for a 45-60 day ragged bounce to test 1380-1390 SPX. Then a drop into October to new lows.

This scenario is also predicated on Tiger Woods winning every tournament he enters through August. So far it's holding up.

http://www.investorshub.com/boards/board.asp?board_id=1613
AJTJ's Market Pulse
Do your own DD. Void where prohibited. Observed side effects include darkening of the stool, spontaneous amputation, and death. Rosebud.

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