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 ??
agree on rally looking extended. my vote is for 1000. but extend and pretend can go on longer than most of believe is possible
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.