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How far can the bulls go?
- Thread starter StockSky
- Start date
80% probability ES to 1100
that's about where the media will front page the "new economy" and every noob will be running to deposit their last 1000 to trade the ES on $500 margin.
that's about where the media will front page the "new economy" and every noob will be running to deposit their last 1000 to trade the ES on $500 margin.
Quote from Ivanovich:
Bam, see how easy that was? From a low pre-market to up 50 points. Free money, man. Just keep stops tight for when the stupidity ends.
This thread assumes that there will be a retracement. The bulls can go to infinity given infinite time. We may never see 666 again.
Too funny... You've comically pointed out why it's a waste of time to try to predict where the market will go next, especially within a specific time frame...
Quote from Kevmeister:
I think the market will have a strong rally to 1050 then drop to 863.88 or we could have a strong decline to 863.88 and then a huge rally to 1050 or we could trend sideways for awhile then burst forward or decline precipitiously or we could rally until all the buyers are tapped out then drop like a stone or we could decline until everyone sells then rally cause there is no one left to sell or an enormous meteor could hit the earth and over a period of 633 days pretty much eliminate life on earth which makes all my predictions a moot point.