Bulls have the definitie edge over the next 6 months

Quote from drukes1234:

Objective in what sense?
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You indicated that you will only be selling at a loss based on your sentiment indicators instead of using a price level.

Price is OBJECTIVE.
Interpreting sentiment indicators is SUBJECTIVE.
 
I suppose. When I see all of my sentiment indicators saying investors don't believe in this rally and PRICE is at 52 week high's then I feel that is pretty objective. If sentiment was in disbelief of a rally that I didn't believe in then I wouldn't have taken a position so suppose price did play a role being at 52wk high's.
 
Quote from shortie:

another example of scepticism:
<<
The December poll of over 30 strategists gave a median end-2007 forecast of 1,500 points for the Standard & Poor's 500 index <.SPX>, a gain of 6.4 percent from Friday's close of 1,409.84. That compared with 1,465 in the September poll. >>
http://today.reuters.com/news/artic...OLL.xml&WTmodLoc=PolNewsHome_R3_reutersEdge-4
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Hmmmmm...

A median end-2007 forecast of 1,500 points for the Standard & Poor's 500 index <.SPX>, a gain of 6.4 percent from Friday's close of 1,409.84

I thought the S&P was up double digits last long while....a forecast of 6.4% for 2007 and noones alarm bells are ringing?

Stranger thinngs do happen...

:confused: :confused:
 
"end of the year rally, didnt we just rally for the last 5 months.....

santa clause selllllllllloff should be more like it."

That is a quote from you a few hundred pts ago in the dow ;) I've made my money.. have fun
 
Quote from drukes1234:

I bought the S&P futures today and will continue buying if it comes anywhere below my cost basis over the next 3 months. I will sell if I ever have a gain of more than 5% or sell 6 months from now.
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Then I hope you're packing your bags. Because in February that's what you'll be living out of.
 
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