Saturday, May 22, 2010

Next Two Weeks, C R I T I C A L

Three scenarios to consider:

1. Less Likely: Continuation of the bull run that started early March 2009.

2. Likely: Market sells off more despite being very over sold, until it dramatically crashes down to SPX 950-900.

3. More Likely: A rally back to SPX 1120-1150 over the course of next two weeks and then declining back to retest last week lows, SPX 1070- 1050.

I like 2.

Disclaimer: The views expressed are provided for information purposes only and should not be construed in any way as investment advice.  Furthermore, the opinions expressed may change without notice.

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