Dow DEFINITELY looks good to 9000

[Jim Radid]

that the price "could just sail right through".

Like I said, it looks like resistance to me.

But I'll note that you said so.

 

[dgmodel]

Quote from Jim Radid:

http://www.elitetrader.com/vb/showthread.php?postid=253887#post253887

Excellent call. Now, do you have an encore?

Jim

conservatively speaking we could see 8700-8800 within june, making a bold prediction id say we could see a sell off to 8400 with a potential bounce...

 

[dbphoenix]

Quote from Jim Radid:

that the price "could just sail right through".

Like I said, it looks like resistance to me.

Pristine has a good article this week on determining the presence and potency of reversals: http://www.pristine.com/weeklychart/

 

[dgmodel]

Quote from dgmodel:




conservatively speaking we could see 8700-8800 within june, making a bold prediction id say we could see a sell off to 8400 with a potential bounce...

so the lowest we saw was 8985, however i still feel these numbers will be met in the near future...

anyone else have any thoughts or opinions on where the market is headed for july???

 

[Romeo]

Quote from dgmodel:



so the lowest we saw was 8985, however i still feel these numbers will be met in the near future...

anyone else have any thoughts or opinions on where the market is headed for july???

I agree with you. My initial target is 8600.

 

[limitdown]

hey, I'm still waiting to see us cross over 9000

 

[Pumpanddump]

We'll see 9,500 in the next 4 months and then we will see a draw back to the 9,000 mark in and around december.

This market is going up but we will hover for a few weeks and maybe even hit 8,500 for a bit.

Trade teh YM futures over the next 4 months and you will see plenty of opportunities to make money on 100 point swings.

Make money!!!!!!!!!!! Lots of it!!!!!!!!!!!

Be greedy and then be even more greedy!!