huge stock market rally is over for now!

Is the huge rally over for now?

  • yes, rowshan is usually right

    Votes: 110 34.2%

  • No! more upside ahead

    Votes: 113 35.1%

  • I don't know/I don't care/stop with your polls

    Votes: 106 32.9%
  • Total voters
    322
Status
Not open for further replies.
You know what? I think we will rally hard from here - just to make people 100% sure it's a new bull market.
I wouldn't be surprised even if we challenge 950 once again.
Just look at QQQQ, T-bills, CPCE, VIX today
 
All Bulls should be buying this 3 day selloff starting tomorrow, markets headed a lot higher from here. BUY ALL DIPS!!!!


:p :p :p :p


see all you bulls back again here when the dow and s$p both decline as much as 10-15%. The s$P will be sitting below 800 again.....
 
$sox is suggesting further upside ahead, of course this is options exp week so everything is suspect. News was pretty terrible 1st half of week and market didn't manage much of a sell off despite plenty of help from the call writers.
 
Quote from mister_doodi:

What a striking analysis.
More...

I mean... ??? I'm not really sure how to react.
I knew that this forum is really suffering from OVERKINDNESS and OVERGENTLENESS (not to mention OVERCLEVERNESS)

I just made a brief statement of what I see here.
Anyway, I'm fine with my analysis. And I can tell you this bone thrown to bears is just a bone to trap them...
Just my striking opinion

OK here is your ANALYSIS

It took a run all the way up from 666 to penetrate 200 DMA. Do you really believe it will penetrate it back falling from just 50 points above? I don't.
The big volume was a clear indication of buying at this level today.

EURO/YEN didn't even come close to 200 DMA and just tested 50 DMA (Which is above 200 since June the 1st)

1, 3 and 6 month T-bills were going down since Tuesday and high grade corporate bonds were moving higher - saying that risk is lower.

VIX has bumped into resistance and besides VIX has a HUGE gap down there from monday morning (VIX hates gaps)

$SOX, $NDX has been already mentioned.

GOLD/SILVER ratio was declining today - saying there is reflation going on - good for equities

And above all. The main goal of market is to confuse as many people as possible. I see 2 possibilities for this to happen.
1) Go straight down to 850-870 without a single visible bounce. (I don't see it happening due to everything above PLUS put/call ratio suggests there are too many bears already)
2) Go up from here and penetrate the previous high
to screw up those who will short more at 925-935

I vote for option #2
 
Quote from parasite_doodi:

What a striking analysis.
More...
Please pay no attention to parasite doodi. Of the top 100 trolls on this board, he's in between port1385 and hairdresser.

Every one liner parasite doodi has posted on this thread has had a single purpose: to incite. He's failed miserably with me, so now he's turned his pathethic existence to other good posters.
 
Quote from B. Rowshan:

Please pay no attention to parasite doodi. Of the top 100 trolls on this board, he's in between port1385 and hairdresser.

Every one liner parasite doodi has posted on this thread has had a single purpose: to incite. He's failed miserably with me, so now he's turned his pathethic existence to other good posters.
More...

Aww is Rowshan angry because Doodi made fun of him that one time. Well I'm so sorry; it'll be okay grandpa. Take your meds you tool and take your sorry little calls Logos Nigeria hawk it over there.
 
Status
Not open for further replies.
Back
Top