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Post by timber on Dec 10, 2010 13:29:24 GMT -5
75 point drop from here in mid december??
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Post by Clinton SPX on Dec 10, 2010 13:30:43 GMT -5
Many have been waiting months for the Christmas rally. I just dont see there being any sustained selling unless the euro collapses and it looks like Benny is buying euros.
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Post by ppppp3571113 on Dec 10, 2010 13:33:04 GMT -5
Carl seems to agree with a drop. He is almost dead on with his daily estimates lately. FRIDAY, DECEMBER 10, 2010 Guesstimates on December 10, 2010 March S&P E-mini Futures: Today's range estimate for the March '11 contract is 1225-1238. I think the short term trend is still upward. Next upside target is 1250 which is strong resistance. I think a drop of 50-75 points is imminent. Once it is complete the market will resume its advance to 1300. carlfutia.blogspot.com/molto perfetto.... this fits my technicals vis a vis the ascening triangle (spx to 1250), and brosins FFR.
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Post by timber on Dec 10, 2010 13:45:07 GMT -5
maybe
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