Replies to post #113706 on ajtj99's Market Pulse

[ajtj99]

NYA really has nothing between here and 8800, a drop of about 4.5%. The OEX looks headed to 630, the March 2007 lows.

Meanwhile, the NDX could drop to test the 1806 August 2007 lows.

[stkboy1]

I believe that as well and have been looking more at weekly & monthly charts. I don't like the fact that the SPX broke the up trendline from the 2003 low. http://investorshub.advfn.com/boards/read_msg.asp?message_id=25736886
Next test has to be August low and then the March 2007 low.....but if it doesn't hold we could have a 150 drop down for the SPX ???
I'm sure the BKX is trying to tell us something about the economy