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User Info Elliott on the SP; entered at 2007-12-01 15:09:34
Jrbaggs
Posts: 2087
Registered: 2007-09-28 The Hill
Ok Viper Ill give you 1550 for the sake of argument. With the current volatility we could hit that this upcoming week and be back at 1407 before OpEx.. The most I see is a lower high that would just be there to sqeeze the last drops out speculators, retail, and any other maniacs playing long here or weak shorts. Under normal corrective conditions you are probably right but this aint one of those times. Get out in the world and talk with folks, a bearish attitude is becoming status quo.
2007-12-01 15:09:34