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S&P 500
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phrantic

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phrantic

Re: M_T_Pockets post# 4895

Monday, 05/23/2011 5:42:59 PM

Monday, May 23, 2011 5:42:59 PM

Post# of 9646
I believe his "strategy" comes from the chart way back in February of '09 when the SP was around that area. I doubt that will have much bearing on where price will go. That was then, this is now, and there's a lot more in the mix at this point than there was 2 years ago. Trying to exact a particular price from a chart aged 2+ years in pennyland is a bit of a stretch. That would be a logical resistance point under normal circumstances on a big board stock.
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