S&P 500: What's the TURNING POINT?

Discussion in 'Index Futures' started by GCSICLRBC, Mar 26, 2009.

What will be the TURNING POINT for the S&P 500?

  1. 850 Pts.

    9 vote(s)
  2. 875 Pts.

    2 vote(s)
  3. 942 Pts. -- This year's high

    0 vote(s)
  4. 1000 Area

    2 vote(s)
  1. Hey everyone,

    I was stopped for 2.5 points / contract on ES yesterday when we broke 800 but didn't hold it.

    The trend is clearly up yet the fundamentals suggest we're still in a bear market.

    Soros was quoted recently about the "inevitability" of commerical property falling some 30%.

    It's difficult to imagine the absolute worst is behind us; not to say this rally can't go a bit higher.

    SO, here's my question to our trading community.

    Which price will mark the TURNING POINT for the S&P 500?

    VOTE on my poll. :)