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
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If everything is picture perfect tonight and tomorrow with earnings, the DOW will surge past 9000.


We need perfect earnings from:

GE
C
BAC
GOOG
IBM

and if CIT gets the $4,5, or $6 Billion they need we might add an additional 100 points to the DOW, BUY BUY BUY, earnings haven't disappointed yet and will not disappoint, its guaranteed risk free market going forward.
 
Quote from Mike Waggie:

Now that H&S on ES has failed, I think we test 955-960 before we move down.
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It has not failed yet, these things take many weeks to play out. The most likely scenario is still an inverted head and shoulders on the S&P (and therefore on the ES as well). We could be well into the Fall or Winter months before we see the right shoulder form. And then again it may not form at all with the market simply continuing sideways and up creating an amputee.. That's unlikely however. Patience.
 
Quote from B. Rowshan:

On a beautiful friday morning, life is good.

Isn't it great that you can take b. rowshan to the bank everytime amigo$ !
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Those 950 calls are in danger of being in the money...
 
If JimmyStock/Thorn/Etc was as short as he said in his "9 Figure Hedge Fund" (and as egotistical as he seemed here, he didn't cover), he's gonna have to do "The Niederhoffer Hop"!

"Dear Partners and shareholders, I regret to inform you I must close the fund and return what little is left of your money..." :p
 
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