too many people love 1120 too much

sequoia

It may or may not happen, but that is the psychology to keep the distribution going on.  In distribution stage, market is frequently pulled up in the morning and then sell into the rally thereafter, until a sharp break down happens.

colderdown

we either does not reach there or will way pass there

sequoia

we either does not reach there or will way pass there
colderdown 发表于 2009-10-26 10:32

Agree.  If 1100 is not the top, 1120 won't be the top neither.  Then SPX will at least get to 1170.

sexydaytrader

Agree, I like 1121, and been waiting for this number for a while, I like it better then 1200, but now it's too crowbed, what am I going to do.

nctree