One can subdivide the current rally in the SPX from March in three stages (rally, consolidation and correction) that seems to be repeating in a fractal self similar fashion. Notice the second rally duration is exactly 50% of the first one. If the consolidation stage follows the same relationship, would mean that the next two weeks in the SPX are down. I believe SPX is going to 950.
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UNG low 9's-I was waiting for 10.8--I can definitely understand low 9's seeing how NAV is 10.18
ReplyDeleteI found this great sitemeter place today
ReplyDeletehttp://www.activemeter.com/overview.html
I installed it at my other site--works great!
Thanks for the tip. I installed too.
ReplyDelete