Quote from Ken More:
This was YOUR prediction on the same day. What do you think?

Quote from Ken More:
That's exactly why I don't post. On April 20 I posted market going up to 950 but was ignored.

trackstar, you looking for some fellow frat boys to party with?Quote from saliva:
At this point, I doubt I'm the only one who foolishly thinks that S&P is registering an IHS pattern. If that were the case, the Cash index should see 940-ish before reversing. Then it should retrace about 200 points down to 740-ish to put in the right shoulder.

The problem is that this is fast becoming what everyone thinks will be a self-fulfilling prophecy. I ain't no consiracy theorist but I'm afraid there might be a downright active collusion between Uncle Sam and the Big Fellows on Wall Street (especially those TARP-heads) to seek out and gun down any stops before reversing. Just be very vigilent.Quote from newguy05:
Starting my short position at 915 today, will continue add if it continues to go up, buying slightly itm july puts.
If this thing hit around 950 level (very likely as pre options xp fakeout), i will go in heavily.
i dont know a more perfect setup than this:
1) unbelievable pressure at 930-950 resistence
2) coming into the falling 200MA
3) ~40% up run in 2 months
4) option expiration next weekend
How can this thing possibly break 950 without a solid retrace?!?! (yes famous last words :eek: )