Wednesday, February 9, 2011

Trend remains up even if correction.

From yr 2000 high we get 1360.22, from the 2007 high we get 1380.98. A pull back at anytime could only offer 1212 spx. So a seasonal rally or plunge into April 25th ish not out of the question.

We need to keep an eye on rates as they start to creep higher.

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