Bear Market Rally

Upside on SPY if rally is successful

  • Sky's the limit

    Votes: 8 23.5%

  • +20%

    Votes: 8 23.5%

  • TJ' guessestimate of +10%

    Votes: 10 29.4%

  • +5%

    Votes: 4 11.8%

  • +2%

    Votes: 3 8.8%

  • Prefer not to tell, but I love TJ's threads

    Votes: 1 2.9%
  • Total voters
    34
Why the hell is USO down, dangit!
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SPY at 121.40 area, which is only 4.50 from TJ's guess-estimate. The rise was very fast, and market never looked back to the level where it was since the start time of this thread.

I am starting to worry about a retreat.
 
I think some folks got caught with their shorts (& curlies)...

I'm pretty sure this is for real. Last Friday's close got everyone spooked, and got all the doomsday threads out around here.
It did its job; everyone is nervous. Nervous is good.
 
It's all up to Banana Ben next week. Operation Twist is priced in. This week, I think additional purchases were priced in as well. Ben has a lot to support or it's not going to be good.

Of course, Ben will likely kill any chance Obama will get re-elected (if one remains) when gas goes back towards $4.

What's a Keynesian to do?
 
Quote from shortie:

nice call.

not surprisingly 9 people voted 1 star. you know who you are!
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Thanks Shortie. Your demonstrated fairness must make a lot of people green with envy!

If I get something wrong, I like to think it is because of skill, but if I get it right it is likely because of luck.
 
Quote from Tsing Tao:

It's all up to Banana Ben next week. Operation Twist is priced in. This week, I think additional purchases were priced in as well. Ben has a lot to support or it's not going to be good.

Of course, Ben will likely kill any chance Obama will get re-elected (if one remains) when gas goes back towards $4.

What's a Keynesian to do?
More...

Good comment Mr. UTI!
 
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