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ES Journal Archive (2009 - 2010)
- Thread starter Jahajee
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Quote from volente_00:
and would shake out weak shorts before the final move down to 1140-50 before the run back up to close the gap left from today.
Don't bet the farm on that gap fill... roll your charts back to 1/20. That gap kicked off an extensive down leg and didn't get filled until March.
All things considered - we may be in the early days of an extensive down run.
Now if I can only figure out how the debasing of US currency is going to factor into stock prices.... anyone have any thoughts on that?? It's logical to me that inflation should keep prices rising, no? ...but that was hardly the case in the 70s.
http://www.marketwatch.com/investing/fund/SPY/options
120,119,118 in the money.Time for a mega rally.
120,119,118 in the money.Time for a mega rally.
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