Possibly but look at this chart.. for SPX Monthly. Looks as if the
target has been reached.
-----Original Message----- From: realtraders@xxxxxxxxxxxxxxx
[mailto:realtraders@xxxxxxxxxxxxxxx]On Behalf Of Brad
Cline Sent: Thursday, October 09, 2008 3:57 PM To:
realtraders@xxxxxxxxxxxxxxx Subject: Re: [RT] SP-500 5-Minute
Chart
This has to be a capitulation week by any stretch of the
imagination. We have 209 more points of range on the DOW so far this week
than after 9/11. 878 is my target for a short term bottom now on the
S&P.