Futures are down this morning about 17 points on the S&P 500 futures. My late day blog post suggested we may retest the down trend line today and in this case around SPX 827 +/-.
I'm still looking for top either Nov 28 or Dec 1 for the stock market as well as the gold mining sector. SPX target is about 970 maybe slightly less.
All our fund models are still long and remain so, looking for a mid day low today and higher prices into Nov 28/Dec 1.
Happy Thanksgiving Everyone!
Wednesday, November 26, 2008
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