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S&P 500
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Post# of 148479
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Gizmo

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Gizmo

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Re: Softechie post# 146758

Saturday, 05/09/2009 12:48:38 PM

Saturday, May 09, 2009 12:48:38 PM

Post# of 148479
This rally should be about finished. I think we go back to test 875 breakout which will be successful after a couple touches then rally setting a lower high than the one we're working on now. Back down, breaking 875 and rally from 750 giving the appearance of an inverse H&S to 800 or so. 800 proves to be strong resistance and down to test 666 which fails.

Ultimately my ideal target is 450 Spx, back to where the market took off from in '95'. Timing? Summer/Fall 2011.

A generational buying opportunity.

Gizmo...


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