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"1800 to 2020"

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gym gravity   Sunday, 11/08/09 10:11:52 PM
Re: gym gravity post# 604
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"1800 to 2020"

dollar pressing downwards again now that trading has resumed.

how long will the market "inflate" due to dollar devaluation?

gold back over $1100 right about this minute 10:02pm sunday night.

what economic news is due tomorrow?

now that 85% of the S&P has reported and about 50% of them has beat, the market is going to follow economic data very closely again. friday 10.2% was a kick to the groin and while people talked themselves out of fear "it's a lagging indicator"... my thoughts are, the next time there are two or three back to back negative suprises in economic data, that sets up the for the next correction.

otherwise, last time the $comp got back above the 50sma it gapped and ran from 1800 to 2020.

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