Archive for May 2010
Where/what to eat today?
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$SPX - Are we ready for more than 10% correction?
Conclusion : We need second failure to breach 1250 and failure to hold 1050 for $SPX before we can confirm the next move is a more than a 10% correction/adjustment.
$SPX upslope is weaker, but it is still in cyclical uptrend.
Pros are getting more bearish but it is not enough to predict a major downturn like March 2008
Me !
