I spoke with a few, the proud, credit worthy friends who have locked in refinancing at 4.75/fixed 30 years today, waiting for lower, each realizing $100/month+ at least $200 month in lower gas costs. That far exceeds any rebate check over a year.
And I know several real estate investors...
Now I remember, I kept looking for that f'n inside head and shoulders LC was talking about, I am easily distracted by bright, shiny things, and still can't see a head and shoulder pattern, it drives me nuts when you talk about a diamond too lc.
Here is a backward, hindsight, target call in that I did not even remember making it, or the reasoning as it was occuring. if I did, perhaps I would of taken my last one off at a tick from the high, instead of 4.5 points lower and later.
At some point, the weighting of the index componants of the beneficiaries of lower energy prices, and the value added as a result, far offset the effect of the decline of the energy producers.
why am I the only one bullish here? that's right, ammo called it nuts.
If we can take out 907 have a shot at 918 today, utlimate move would be to 935, not trading the cow for the magic beans on that happening though.
long here at 99, adding 94-95 big stop under 84, 1st target 920.
did not account for previous runup from Friday's low when calculating the downdrift last night.
With such a strong directional move into the close I would expect further upside. 944 would be 1st target and 960+ after that. I would need to see strong momentum down on larger timeframes before fighting this move and will look aggressively for longs.
Alignment on a lot of fronts, fomc...
Thank you for making my point. It is the responsibility (burden) of the fund, ria, tic sponsor etc. to solicit the information, or verify, that the investor meets the requirements. I stated nothing about hiring an investigator, you did. Thanks again for your reply, have a nice day.
Btw...