titanic thursday, page-39

the SPX is about to run into a fair hell fire of resistance between 975 and 1000....some fib fans providing resistance go back to the 2001 high..and some more recent

also watch China today IMO. they got within 37 points yesteray from a 38.2% retrace of their entire crash. No doubt they will hit that today on such a bullish day. often when markets peak they do it together but sometimes for their own individual technical reasons

today is 262 days from the Nov 4th high. ( ah those crazy Mayans with their 260 days)

take your pick armstong 8.6 months = 261.75 days or
fib ratio number = 261.8....dunno what effect that will have though. Maybe this market will just go up forever. Maybe this time it's different.