How far this rally can go ?

[SCI new york]

Quote from Kevmeister:

This is going to be the mother of all bear market rallies. Prepare the troops and allocate accordingly. **













** this information is based on the author's opinion that the market will go up and then, and only then, will it decline.

Well as long as the market remains a market. usually it will go up and it will go down, so congratulations on finance 101.

As far as it being a bear market rally? Arent you supposed to be a trader? You guys with your predictions on where the market's going and what not when 99% don't have the qualifications to understand to decide that. And even if you had the qualifications, WHO CARES! Understand one thing, you can't predict the future. and you make your intelligence even worse when you try and do it on ET.

 

[Roman Candle]

Quote from kalzayani:

DJI heading to 8100 IMO

First things first, lets clear some resistance. Lets get up to the Nov low and see what happens.

 

[Roman Candle]

My guess is we rally back to 7500 before month end, don't won't a monthly close below that huge support. Dow monthly chart.

 

[nutmeg]

Just for the sake of this post, if the PPT (or whatever name or entity you choose for the artificial trend via Obama confidence calls), if the gov't is able to keep pushing up the Dow number we'll be left pondering a zombie.

 

[piezoe]

Quote from Kevmeister:

This is going to be the mother of all bear market rallies. Prepare the troops and allocate accordingly. **
** this information is based on the author's opinion that the market will go up and then, and only then, will it decline.

Thank, Kev meister for sage wisdom.

imo, we go back to that S&P 800-850 band with perhaps a spike up to near 900 but not quite there.

 

[stock_trad3r]

We're in a new bull market. Don;t fade it unless you enjoy losing money.

 

[madmaxer]

Quote from stock_trad3r:

We're in a new bull market. Don;t fade it unless you enjoy losing money.

ummmm.... ok look who is taking about losing money ??/... I though I have started a good forum.... I did shorted this morning and took my profit, That was all about it , going back to 750 + , I will short it again

 

[stock_trad3r]

buy the dips

keep buying

ride it to the close

this market is unstoppable

 

[Ivanovich]

Quote from stock_trad3r:

buy the dips

keep buying

ride it to the close

this market is unstoppable

Ah, look who crawled out from under their rock on an up day! After getting owned over and over, he's here to tell us he's been right all along.

 

[DataCruncher]

stockta.com is saying the next resistance on SPY is 80.69

I would have thought there was resistance sooner

http://www.stockta.com/cgi-bin/analysis.pl?symb=SPY&num1=1&cobrand=&mode=stock