Wednesday, November 11, 2009

SOSDD

Jim Rogers: “They are going to print so much money that stocks are going to the Moon, but I don’t want to own them”.

Good morning TTWers, we wake up and see the same familiar shanagan – yet another key levels are taken over on 100 es mini contracts overnight, dollar continued to be hammered (why would they respect the currency of the country that got no respect?)

At this point we are back to magic 1113 for wC target or 1120 for w3 target for SPX and my guess is as good as anyone’s – and I am really tired of this nonsense, so probably, I am going to scoop up whatever money left in my account and buy one way ticket – as far away as possible from this banana republic.

If this is of any use for you – price projections are below.

 

 11/11/2009

Futures approx. BO

 

 

Daily Range Projection

Low

High

/ES

1088.50

1098

SPX

1090.21

1099.22

/NQ

1765.25

1783.25

NDX

1768.40

1782.55

/ES is a short for now at 1101 – for how long? Make a guess, say a wish…

 

2009-11-11_0736

blog comments OCCASIONALLY powered by Disqus