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SPDR S&P 500 ETF Message Board

  • piezodude piezodude Mar 15, 2013 11:16 AM Flag

    $104.5 potential target explanation; mechanical oscillation theory

    something like that
    We went up 50% exactly from Oct 2011
    So 1 year and months later, we are up to 1.5 times where we were.
    Oscillation theory says we drop to 2/3 of the 1/2, which ways we drop 1/3 of 156.8.
    That' $104.5 for SPY.

    That's assuming we hit the top, which might be a bad assumption, but I think we have. Could be wrong.

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