A stock market top right here?

Did the stock market top out on 4/7?

  • Yes

    Votes: 42 33.1%

  • No

    Votes: 60 47.2%

  • not sure

    Votes: 25 19.7%
  • Total voters
    127
I am paying particular close attention to GOOG earnings on thursday, and NYX earnings on wednesday. These are 2 stocks vulnerable to a downside surprise.
 
Quote from thorn:

Mr. Turtle, I am really getting excited about the coming week. With the new uncertainty with nuc's and iran, the higher price of oil, and earnings season here in full force, there can be some major volatility coming in the next week or so! It is also options expiration. Wow.

With this said, this could be the week the s&p index sees 1260, en route to even greater declines.
More...

Although I mostly trade ES intraday, my long-term analysis points to the SP500 around 1050 before 1315. This week is probably going to be indicative of what's to come for 2006 and 2007.
 
Quote from thorn:



With this said, this could be the week the s&p index sees 1260, en route to even greater declines.
More...


1260? ummmm.......


Take this for what it's worth, I have on trusted authority that there is a hard floor at 1275.

The same authority says AAPL is sandbagging, so is GOOG. This week tech will do what it's good at, bear hunting... :cool:
 
Quote from eminitrader007:

Although I mostly trade ES intraday, my long-term analysis points to the SP500 around 1050 before 1315. This week is probably going to be indicative of what's to come for 2006 and 2007.
More...

Care to expand on this long-term analysis. This (1050) is the MOST BEARISH long-term target I've seen for the SPX.

Thx
 
hyperinflation could send all of these to the moon ala the weimar republic. it's inflation defense time. a us dollar paper fortune is going to go nowhere in real terms

the us is even about to permit foreign countries print dollars in the event of an avian flu pandemic
 
Quote from CPTrader:

Care to expand on this long-term analysis. This (1050) is the MOST BEARISH long-term target I've seen for the SPX.

Thx
More...

It is based of long-term Price/Volume Analysis.

I look at the prices that acted first as resistance and later as support in this bull run-up the last 4 years.

My target for S&P is 1240, 1140 and 1060.

If this ends up being the top and we are in a new bear market, I'm thinking this is what the three down waves will find support.

1240: Definately Happen
1140: Very Likely to happen
1060: Likely to happen.
 
Thanks eminitrader...

Do you have any time targets corresponding to these three price targets.


Quote from eminitrader007:

It is based of long-term Price/Volume Analysis.

I look at the prices that acted first as resistance and later as support in this bull run-up the last 4 years.

My target for S&P is 1240, 1140 and 1060.

If this ends up being the top and we are in a new bear market, I'm thinking this is what the three down waves will find support.

1240: Definately Happen
1140: Very Likely to happen
1060: Likely to happen.
More...
 
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