12% + surge in 5 weeks according raymond james. .. hilarious I tell you!

[Visaria]

My models say that the multi hourly time frames are in confirmed uptrends and the odds that the daily trend has reversed to upward have gone up so I have gone long. 24700 on YM. 700 point stop.

 

[tomorton]

My models say that the multi hourly time frames are in confirmed uptrends and the odds that the daily trend has reversed to upward have gone up so I have gone long. 24700 on YM. 700 point stop.

At least you are trading what you see according to your own strategy's rules, not some tip from a salesman.

 

[Visaria]

I also note that this time of year is seasonally strong for the market I.e. Santa Claus rally.

 

[Visaria]

At least you are trading what you see according to your own strategy's rules, not some tip from a salesman.

Yes...all I know after 25 years as a trader is that generally the charts don't lie and that opinions are like arseholes....everyone has one!

 

[d08]

I also note that this time of year is seasonally strong for the market I.e. Santa Claus rally.

Agreed. Even in the worst bearish markets, this time of year it's rallying or at worst, sideways.

 

[cvds16]

3000 is laughable and idd a good joke but on the other hand I am extremely bullish too ... no targets though.

 

[Palindrome]

The squeeze will be very violent, I’m long

 

[Scataphagos]

If he's wrong, he can only say I thought I was right for this reason and that reason (and really tried to convince others to join in to make me right).

No risk to his making such a call.

If you're bullish and wrong, everybody looks past it and all is forgiven*.

But if you're bearish and wrong, your job/career is in jeopardy!!

*Recall Joey "Bag-of-Donuts"? He said, "I'm bullish. I've always been bullish. I will always be bullish". He knew where his bread was buttered.

 

[S2007S]

People are actually believing this 3000 call ...
Anyway I hope it gets there in 5 weeks so I can back the truck up on short ETFs .. especially going long the VIX under 12!!!!!

 

[Scataphagos]

People are actually believing this 3000 call ...
Anyway I hope it gets there in 5 weeks so I can back the truck up on short ETFs .. especially going long the VIX under 12!!!!!

Some are calling for a "year-end rally to sell into". We'll see.