Monday, May 4, 2009
SPX SPY DOW DJX NDX QQQQ Trading (Today and tomorrow's price prediction) May 04, 2009
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A number of readers made requests that we update this blog. We will explain why we did not update it later today, or in another post.
Our current view on the market based on timing models is that the end of this bull leg is probably around the corner. Models issued signals for today with SPX at 899, and SPY at 90ish.
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2 Comments:
Okay most people think so. And most people thought the bear market ralley would have ended at 780! Don't you think they might cook something, to get to around 1100 in the S&P...
Your market comments have proven very helpful to me in the past. I appreciate this post today for certain! After the sell-off perhaps you can alert us to the next rally date.
Thanks a lot.
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