Replies to post #87969 on Zeev's Turnips Patch-No Politics (ZEEV)

[Babylon]

Capitualation, as in a 10% variety (would be near 1255) or something more dramatic in mind?

[Carl D]

Bearx or USPIX: Worth the risk at this point?

[was Steve]

You wrote in a post:

However, you rarely get such a major move without having has a solid capitulation, we surely have not had anything even close to that.

My take:
you do in my trading range model and though this rally has gone a LOT faster than i imagined, it still has a lot of work to bust thru the projected top of this range at 900 spx. trades above 900 and this is much more than i imagined it to be.

the trading range was initially 796-910 from a month and a half ago, but was lowered to 788-900 when we took out my low of the range.
steve