Wednesday, March 24, 2010
Stock Market Timing (NASDAQ:QQQQ), (NYSE:SPY), (NYSE:DIA)
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Our proprietary stock market models issued the following numbers as estimates of the top prices for the current bull legs:
NASDAQ:QQQQ: $48.77
NYSE:SPY: $118.50
NYSE:DIA: $109.22
The market does not have to reach these prices to start a retreat. Furthermore, these prices are within 1% above the closing prices of these EFT stocks for the end of the March 23 trading session. If the predicted price levels are accurate, a retreat of the market would be around the corner, since a few days volatility is typically more than 1%.
NASDAQ:QQQQ: $48.77
NYSE:SPY: $118.50
NYSE:DIA: $109.22
The market does not have to reach these prices to start a retreat. Furthermore, these prices are within 1% above the closing prices of these EFT stocks for the end of the March 23 trading session. If the predicted price levels are accurate, a retreat of the market would be around the corner, since a few days volatility is typically more than 1%.
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