You should have a 3rd choice in your poll. That's why you get so few votes. Both choices stink, and are not well thought out.
============= Sounds like you got the main probabilities right,Volente. And when YHOO called that a ''basic chart'' they rightly named it
difficult not to be a bull in this mkt, no q 'bout it. even the most calloused perma-bears are now showin' first signs of mindset change. yesss!
Now for some reason when I try to post from stockcharts it always shows the same dow chart, so I just posted the yahoo one.
I too like 1330 on the S&P. Do you think that this will create a long term range between 1290 and 1330? I thought we would hit 1330 before last year was out, but we couldn't push through. Following was when I initially thought we would reach 1330. I also thought we would see oil start dropping back down to $50.00 a barrell. Do you have any opinion on oil especially with Chavez talking about fixed pricing? http://www.elitetrader.com/vb/showthread.php?s=&postid=907849#post907849