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oh, and in case this was forgotten amidst the rubble of GM and Ford:
Greenspan speaks of conservation etc if oil remains at current price; memories
of gloomy winters, long lines at gas stations, not a pleasant scenario.
But, again, silver lining, there is a long warm wonderful Summer to work
through all these worries, during which time market will slowly drift down ,
down, down... SPX 1060?
before relaunching into big rally into year's end
this will be in sync with STAN's theory of '5' years having big gains
IMO, FWIW
--- Ben <profitok@xxxxxxxxxxxxx> wrote:
> 1172 was voilated
> if we close above 1166.50 than we are still in bull court
>
>
>
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