How high can the S&P go?

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Hi Waggie,

thanks for the educational part on the VIX. I knew the high level to be around 60 but could not find the original article and took a "guess- estimate" on the lower side.

And on the bull/bear market? I singed with "just my 5 cents worth stirring". I apologize, I should have made it clearer that I was saying it only with tonque in cheek.

Take care.
 
it does not matter anyway.

the market is going to hit a new high and then
COLLAPSE!!!!

UTTERLY COLLAPSE!

s&P 500 = 600
NASDAQ 100 = 500
DOW = 5000

these are just some rough estimates. it could be lower or just a tad bit above these price levels.

by the way: no mechanical system will ever be able to tell you that!
 
Contrarian

I like the alias :D .

Big question is however WHEN? The market can keep going longer in a direction than that a trader can stay solvent.

Take care.
 

Please use me as a contrary indicator, because I'm neutral right now.

I'm even considering starting a thread, "Dow will defintely hit 10,000", or "S&P looks good to 1100". Considering it.

Good trading to all.
 
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