tag:blogger.com,1999:blog-12333088.post8812526831981097910..comments2023-11-10T05:07:19.026-05:00Comments on Carl Futia: Guesstimates on July 5, 8:50 am ETCarl Futiahttp://www.blogger.com/profile/01624989905417650273noreply@blogger.comBlogger3125tag:blogger.com,1999:blog-12333088.post-90704689335985883392007-07-05T23:01:00.000-04:002007-07-05T23:01:00.000-04:00It would certainly not be irresponsible to think t...It would certainly not be irresponsible to think the S&P will eventually challenge the all time high. If it does I would expect the Q's to contiune rising as well. So $50.75 doesn't seem all that far off. I think the point and figure charts still show a $57 price objective.<BR/>Did anyone else see where investors intelligence is showing the largest number of advisors in ten years predicting a 10% correction in the next 12 months. We need to elimanate this negativity before the markets can mount a serious decline. IMOGaryhttps://www.blogger.com/profile/14556370683669428668noreply@blogger.comtag:blogger.com,1999:blog-12333088.post-91671056543632345012007-07-05T16:56:00.000-04:002007-07-05T16:56:00.000-04:00And we are there!I am quite amazed how fast those ...And we are there!<BR/><BR/>I am quite amazed how fast those QQQQs hit 48.7. Where now? Doesn't seem like a correction is imminent, in fact, quite the contrary.<BR/><BR/>50.75?Roberthttps://www.blogger.com/profile/07401402773690968514noreply@blogger.comtag:blogger.com,1999:blog-12333088.post-26860876534556537432007-07-05T16:15:00.000-04:002007-07-05T16:15:00.000-04:00Carl, your Q's target was hit, while SPY continues...Carl, your Q's target was hit, while SPY continues to show relative weakness and is seeing resistance to print a higher high . How do you think the current non-confirmation will unravel?<BR/><BR/>Thanks for your great work, as always!Anonymousnoreply@blogger.com