The New CS Board

[ahimsak]

I see three possible scenarios:

1. We start down next week, but make a bottom soon at spx 3000.

2. We go up to 3230 by the end of next week, setting up a much bigger decline after that.

3. Yesterdays low was a buy, and we go up to new highs in August, before a 10 to 20% correction after that.

I believe in the first two, can't see how we get the third unless congress passes the dem bill for a 3 trillion stimulus, of the fed starts pumping a lot more money into the system again.