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S&P 500
5,187.70
(
0.13%
)
US TECH 100
17,618.80
(
0.05%
)
Dow Jones
38,884.26
(
0.08%
)
Brent Oil
82.58
(
-0.35%
)
Bitcoin
62,653.89
(
0.51%
)
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Neo Tape

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Neo Tape

Re: rab120 post# 173

Thursday, 12/02/2010 6:42:03 PM

Thursday, December 02, 2010 6:42:03 PM

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No doubt this is a powerful BULL. I would rather be 300% long, but I've been trying to catch a downward swing that has only been flat.

Bull markets will have the 25%-38% retraces. June 2010 was the 38% retrace from the March 2009-April 2010 move. I still cant rule out a 38% retrace of this late summer rally sometime by December 2010.

Dec 9 is my last key date where any downward swing window would close hard.

Watching 12/9 closely. I'll waive the white flag if the SPX is still above 1200 after 12/9.

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