AI
Saturday, July 04, 2009 12:15:26 PM
** CHART: S&P500 ROADMAP...
This is one potential Roadmap that the S&P could take, if we take cues from the Tech Bubble in 2001.
After the burst of the Tech Bubble, NASDAQ had a huge 50% rally and there were "Green Shoots" everywhere.
Chart-wise, this current rally has very much the look of NASDAQ's rally in 2001. So I extrapolated, what S&P would look like if we followed a similar path. You may find this very interesting.
Tuck it away and check back in a few months. :)
This is one potential Roadmap that the S&P could take, if we take cues from the Tech Bubble in 2001.
After the burst of the Tech Bubble, NASDAQ had a huge 50% rally and there were "Green Shoots" everywhere.
Chart-wise, this current rally has very much the look of NASDAQ's rally in 2001. So I extrapolated, what S&P would look like if we followed a similar path. You may find this very interesting.
Tuck it away and check back in a few months. :)
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