Tuesday, July 8, 2008

Nice bear market rally today..should fail..




We are still looking for a more major bottom in about 9 to 10 days...

3 comments:

Shawn said...

Hey Mark, You said you are looking for a More Major bottom in 8 days.

Do you have a price target for SP500? Thanks!

mlytle said...

Hi Shawn,
I come up with between 1175 and 1189 around 7/21 or 7/22/08...

Regards,
Mark L.

mlytle said...

All,
Just for completeness, the $NDX bottom on 7/21, should be right around the mid-march lows, i.e. about 1670ish or so...give or take a bit....

Mark L.