How high can the S&P go?

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Your right about netflix.I have a personal aquaintance in middle management there.Not only do they have cash, the company seems to be flourishing. The question remains, will it last?
 
Quote from theplumber:

My geometry and astro together yield either Sept 26 or Oct 2 for a high for the year. My work also says the VIX to the low historical range of 10-15 but I find that hard to believe after reading Barrons and the increase in margin debt for the Nasdaq.
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I got 9-29 but IMO can be anything between 9-25 and 10-3

Walter
 
Quote from lundy:

if theres one thing I've learned, it's don't underestimate the trend.

I don't know how high it could go, but it hasn't shown any signs of weakness (yet).
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SPY,DIA, QQQ are going up slightly again in premarket 30 minute candles;
however they gapped down about 1% from close.:cool:
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Next 7 trading days should be a good read,especially last hour;
logical reasons why high % of Septembers finish down ,red candles. London stock market was down notable on Bloomberg tv.

''Give a portion to seven''-Solomon,trader king:cool:
 
Quote from Romeo:



I think we're basically talking short to intermediate term, definitely not into 2004.

Anyway, we have Oct. 3rd as a possible plunge date from Pabst. While I'm looking for the high for 2003 sometime in the next two weeks.
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Posted by yours truly over the weekend.
 
Quote from Romeo:

that a top is coming in the next week or days?
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I'm not sure! It still looks rather bullish!

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exactly what are you looking at on this chart that makes you feel its bullish?

ps you're not related to dbphoenix, are you?
 
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