Will the S&P go to 1000 or 1200 ?

the S&P closed today @ 1104.18

To me, it appears the rally is overextended and on weak legs. I think there could be downside to 1000 as the september-october season arrives coupled with other factors favoring downside. What do you think?

 

Maybe September & October took place in July & August 2010, and we're looking at November & December in September & October 2010. Meaning our Santa Claus rally will occur late October 2010, which is right before the November elections !!
Capisce ??

 

It will go to both, without a doubt.

Anyone else reading Hawking today?

 

agree on rally looking extended. my vote is for 1000.

but extend and pretend can go on longer than most of believe is possible

 

LOL at "extend and pretend"

 

I think extend and pretend run into a brick wall september and october.

 

Quoting from the end of Moonstruck:

"Old man, why are you crying?"
"I'm so confused!"

 

President speaking about the economy right now, could boost the spx to 1200 today!!!!

 

President just recycling the same thing over and over again about the creation of jobs, as I have been saying for the last 2 years, you CANNOT force jobs on an economy that cant even sustain itself on its own.

 

1200 first. No doubt about it. The bull is on steam!