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Re: growthstocks post# 498

Sunday, 01/15/2012 9:59:15 AM

Sunday, January 15, 2012 9:59:15 AM

Post# of 39190
Credit Rating's, Market Earnings, and News does not matter in this market. Market moves on technicals. S&P is at a triple top, S&P will reach new lows beyond the 1074 it did last year. Before it reaches new lows, it will peak in March around 1370, before it peaks, you will see the market (specifically S&P) retrace 61.8% or down to a low of around 1225. IMO.