Art Cashin recently said that the S&P 500 was going to rally to 1200. He is one of the best contrarian indicators out there, so it gives me added conviction to my short lines:
“The S&P 1,130 to 1,133 will become the support level and we’ll see if we can build on it. You can make a projection that this could lead as high as 1,200 on the S&P.”
That is amazing, Art. Keep it coming.
Related ETFs: SPDR S&P 500 ETF (SPY), ProShares UltraShort S&P500 (ETF) (SDS), SPDR Dow Jones Industrial Average ETF (DIA), iShares Russell 2000 Index (ETF) (IWM)
2 comments:
Poor old man.
Go home and manage your retirement account Art.
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