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go long until friday. spx to top 1590 this friday.

they will be buying everything non-jpy. think of it. it's so simple. what would you do if you were a smart JPY investor? US equities going up - with added strong $ factor. it's a no brainer. bill gross also said today that jpy investors will buy outside - i.e. govi bonds and stocks...

so I think another 10-12 points tomorrow and a 15 pointer on Thursday and a explosion on friday to 1590. and then down from there. there are just too many shorts around. market doesn't go down when everyone's shorting when market dips few points. by going to 1590 the shorts will all...

how is that nice? it's just 4 points of the top? tomorrow we go to up another 20 points. will be ugly. everything is bullish for the dow. shorting this market is just silly.

this market is going up - can you not see? it's very comfortable going up. on what bases should it top 1560 when after hours it's comfortable going higher? the top doesn't look like to be here. it's mostly much closer to 1600.

clearly the market has much more to go then I can imagine. there is nothing stopping this market. all bad news has been ignored. surely it's going higher and will make a new high. esp with the trillions BoJ is printing as well now. so my question is where do you think it will top...

did you see how spx closed yesterday? the market is really struggling to break 1564 can you not see that? how many times has spx come close to 1564 and dropped in March ? yesterday it was 1-2 points away and all that buying couldn't break into it. it just seems more realistic we're...

arn't the markets closed this fri? good friday?

so you think we're going straight to 1575+ from here? and why wouldn't the market go to 1525 first?

yep - I think that's exactly what I'm going to do. let's hope it works out. thanks :cool:

and btw, how likely is it Cyprus will leave the EU this Thursday? or friday when markets are closed? they can still do just that right? http://www.businessinsider.com/moodys-cyprus-could-still-default-and-leave-the-euro-2013-3

yes I was. but now I've changed my mind. i still want to be short but I think SPX is poised to make a meaningful new high before going back. something around or close to 1580.

hey that sounds very sensible. I'm going to think about doing that tomorrow. thanks

I mean surely, spx coming so close to all time high close and not make it? and not make a new high close? it's certain. no matter how bad the news. and all previous times it's made a high it's been 20 points higher than the last high. so I'm guessing it will close 1570 tomorrow and then a top at...

so cyprus is no issue, capital controls bank deposits no news.. deutsche bank going to be downgraded as well? still non news.. wot do i do now close my shorts and go fully long? what's the target 1600? 1700? maybe 2000? let me know what you think thanks :)

jack, are you currently long or short risk? and where do u see ES going this week? thanks

hi, the US stock market are about to go for a very nice correction. I know there are people talking about spx 1600, 1700 etc.. but we going to spx 1500 first, and i think this will happen in the next two weeks. I base this prediction with correlation and volatility. if you look at...

i think whatever happens in cyprus it's good news for euro. if it's bailed out then less problem, if it leaves the EU then even better - think euro will actually rally if it did leave, same for greece - as I think long-term it will exist but maybe not by as many members as today. but who wants a...

1. be realistic how many people do you think are running for the banks in europe this week? 2. where will they take their money? dollar? that will strengthen $ it's what all central banks want, no? or what buy bonds? stocks? gold? that's even better. what about it spending it? even better...

but who wants confidence right now? surely it's better than printing? maybe it was all intended? russia will step in and take the gas fields, done deal. but good opportunity to keep euro weak, no? it's all imagination anyway right? weak euro is good for the eurozone, right? why let an...