Thursday, July 23, 2009

666 + 333 = 999... Could my original target be the ticket?

Back in March when we bounced big @ 666 I called for a 50% rally on S&P giving us 1K on S&P, I lowered those targets about a month ago, but the market wanted to go higher...

My original target of 999 might just be what happens, S&P has a 1007 major resistance point. Looks like the central bankers around the world really want to prop this market, in doing so the US dollar is down 20% against the CDN dollar since March 9th!