Opportunity Based Investment Philosophies
Wednesday, August 10, 2011
S&P 500's Next Stop - 1250
After closing at 1273 on the 9th of August, a 38.2% Fibonacci retracemnet level, I feel that the next retracement resistance for the index would be at the 50% level at 1250.
Lets wait and watch!! Seems like 2008 all over again...
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