Thank you for the great posting and analysis. I agree that the market is overbought and it's about to head for down. But some people believe that short pullback (next week) --> rebound (until mid Feb) --> huge pullback SPX 1050?(by June) --> huge rebound SPX 1500 (by Oct).
2012 is election year, so hard to know how the market would react. Could share your insight about it? In advance, thank you.
1 comments:
Thank you for the great posting and analysis. I agree that the market is overbought and it's about to head for down. But some people believe that short pullback (next week) --> rebound (until mid Feb) --> huge pullback SPX 1050?(by June) --> huge rebound SPX 1500 (by Oct).
2012 is election year, so hard to know how the market would react.
Could share your insight about it? In advance, thank you.
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