well the 38% Fib of the whole move down from Oc 2007 at 1010 is
a good target. Hard to imagine that it goes straight there
without a pullback, but I but the SPX at least makes it up to there
and maybe 1050 over time
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S&P rally
Posted by mikeovanes on 24th of Jul 2009 at 02:02 pm
Dear Matt:
How long can this rally continue. March lows till now, not a single major correction?
Thanks,
Mike
well the 38% Fib of
Posted by matt on 24th of Jul 2009 at 02:10 pm
well the 38% Fib of the whole move down from Oc 2007 at 1010 is a good target. Hard to imagine that it goes straight there without a pullback, but I but the SPX at least makes it up to there and maybe 1050 over time