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farooq

05/24/06 8:58 PM

#5444 RE: 2X-Be-Me #5436

S&P Cash numbers 1282 with out much resistance, if crossed 1298-1300, then very heavy resistance. This will be achieving in coming three weeks. Pattern can last up to six week, in that case we can make new high on S&P but that is too early.
Speculation, yeh it can go to 1350 – 1370. That will be bummer.

Off course I do not know future and I was wrong many times, JMHOP.

Good luck to all.

Farooq