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S&P 500
6,794.95
(
0.18%
)
US TECH 100
24,263.00
(
0.08%
)
Dow Jones
47,951.59
(
0.09%
)
Brent Oil
94.49
(
-0.36%
)
Bitcoin
72,209.65
(
1.52%
)
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kuwlness

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kuwlness

Re: Traderfan post# 163

Wednesday, 03/23/2011 1:35:52 PM

Wednesday, March 23, 2011 1:35:52 PM

Post# of 215
I dont see QE3 happening. Inflation is already showing its ugly face and the American consumer will be forced to spend more on rising Gas and Food prices, which means less spending to drive the economy.

Either way, 1332 was our previous peak. Anything less than 1332 on this push means we likely see lower lows in the near-term. 1306-1315 is what i'm looking for, then sell-off to 1220 is still my prediction.

What's your prediction for the S&P w/ or w/o QE3?

The Above Message Likely Contains Coarse Language and, Due to its Content, Should Not Be Viewed By Anyone.


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