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Re: [RT] sp500

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Charles,,
yes we did not close under,,
but,,
once penatrated,, means that sooner or later we go under,,
NOT NEXT WEEK!!!
but maybe after next week
first target is 1150 sp
next is 1089
Ben
----- Original Message -----
From: Charlie
Sent: Friday, February 08, 2008 6:37 PM
Subject: Re: [RT] sp500

definitely tenuous, but while we spiked down thru the 2002-2008 trendline we did not close below
 
do have some lower targets that would be in play if we close below.  a close above 12400 would be encouraging to the bulls
----- Original Message -----
From: Ben
Sent: Friday, February 08, 2008 2:49 PM
Subject: Re: [RT] sp500

Hello Robert
the  overall picture you are definetely right
we also broke the trendline on weekly bars from 2000!!!!
Ben

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