SPX Levels 952 or 908 Which Will We Hit First?

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January 5, 2009

spx952

I’m positioned for the 904/908 test by way of short the RUT/NDX in the index funds and short a mess of stocks mentioned here. After the test, which I think will be overwith rather quickly, I think we are going to 952 or higher. Above 952 is the next range and between 952 and 1000 there is no resistance.


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