fanciful friday - the rally continues, page-3

mongombolo

like you, i am also a bull by nature. i've hated this bear market as it has been so horribly distructive. i pray that mchugh's "worse case scenario" is wrong. the consequences of his call being correct is not something that i want to even contemplate.

it will be interesting to see if the u.s. fed can keep soaking up toxic crap and survive. next couple of years are going to definitive.

anyway - my spx chart for the day. upside is nearly cooked imo, but our respective targets are begging to be hit....but will need to clear 753 to have a chance of moving higher.