The focus of the blog is on the economic and financial uncertainties that the world economies will face over the next five years along with demonstrating how investors can profit and survive during the upcoming manipulated economic chaos.
Please keep-in-mind that I don't provide investment advice. I am simply posting what my investment views of the market happen to be. Your investment decisions are solely your own responsibility.
Thursday, November 20, 2008
S&P 500 Update
The critical level for the S&P 500 is 768. See the following chart. If that level is penetrated, the next likely long-term support is 480. Once again, I listen to what the market is telling me, not what I hope will happen.
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