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...
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3 comments:

  1. ShawnJuly 9, 2008 at 8:40 AM

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

    Do you have a price target for SP500? Thanks!

    ReplyDelete
  2. mlytleJuly 9, 2008 at 9:21 AM

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

    Regards,
    Mark L.

    ReplyDelete
  3. mlytleJuly 9, 2008 at 2:23 PM

    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.

    ReplyDelete

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