Quote from ElCubano:
looks like an 83 open...make that 80...oh boy...is that a 75 i see....oh my
)Quote from eminitrader007:
I don't think we are close to a bottom according to my model. A 10% move from the low/high in the credit indicator signals a reversal in trend. The credit indicator is my custom indicator and the red line is the actual SPY close. It is monthly data and used to determine the long-term trend.
I have another model to forecast commodities prices too.
Quote from mokwit:
The US corporate model was built on free and easy credit, but once everyone is maxed out then more credit doesn't do it.