Anyone can trade after the fact ...Not our type of trading -- not on this forum, try elsewhere where they do that. In here you post trades real time and provide entry and exit prices (what is 905's? what is around 919?)
I agree the market will go down from here but SPX 500? Don't think so...market may hit high of year during December at SPX 1050 or higher. But for now it goes down with small rallies, there could be one tomorrow & Friday. ----------------------------- NEoWave Warns Stock Market Has Peaked for 2009 NEoWave Institute's Glenn Neely is forecasting the largest vertical drop of the decade for the S&P 500. Neely predicts the stock market will decline 50% in the next 6 months. Technically speaking, according to NEoWave a correction began at last October's low; the March-June rally is the final leg of that correction The March-June rally is now ending, allowing the bear market to resume. During the next six months, the S&P will decline 50% or more, breaking well below 500! Aliso Viejo, CA (PRWEB) June 16, 2009 -- Glenn Neely, founder of NEoWave Institute and prominent Elliott Wave analyst, today announces a startling prediction: The S&P 500 is forming a major top in June, which will be followed by a large decline, eventually pushing the stock market to record lows for the decade. "Technically speaking, according to NEoWave a correction began at last October's low; the March-June rally is the final leg of that correction," Neely explains. "The March-June rally is now ending, allowing the bear market to resume. During the next six months, the S&P will decline 50% or more, breaking well below 500!" Currently, the S&P is hovering around 917. Glenn Neely is providing this information not as a specific trade recommendation but as a general public service announcement. A prominent Elliott Wave analyst, Neely was recently recognized in Timer Digest's May issue as the #1 stock market timer for the past 12 months.