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S&P 500
7,064.01
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Post# of 37180
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Namiar

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Namiar

Re: euterpe1 post# 36955

Wednesday, 05/20/2009 6:43:02 PM

Wednesday, May 20, 2009 6:43:02 PM

Post# of 37180
That weekly SPX chart shows the inverse Head-and-Shoulders forming nicely. If it continues to play out, it would appear to target 800 in about 6 weeks.

I will investigate and take a short position for the ride down if I can get over my fear of long-term shorts.
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