I Have Not Been Able To Exclude The Possibility Of BLACK MONDAY 04/26

SPY Next Week

  • Bullish

    Votes: 55 55.0%

  • Flat

    Votes: 10 10.0%

  • Bearish

    Votes: 27 27.0%

  • I prefer not to say

    Votes: 8 8.0%
  • Total voters
    100
Quote from S2007S:

These markets have barely witnessed more than a 1 day correction. Today will be interesting however with the fed meeting in place today its feeling like a guaranteed up day, going to volatile.
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The path of least resistance is still up; trend intact, earnings solid as a rock, economic indicators stable to up, and best of all: free money from the fed!
 
I didn't say down I said expect we are at or so close to an intermediate top as to find safety in selling the pops at lower highs.

But we shall see.
 
Yesterdays nose dive was the largest range day since Oct 30 09, I believe.
That day the VIX also blew out of its range. The next day ES made a new low - which, to date, hasn't been broken.
 
Up we go! Hope you all bought the dip!

Can't fight rigged casinos! Especially once Banana Ben confirms ZIRP until the end of the century.
 
Quote from afto:

Yesterdays nose dive was the largest range day since Oct 30 09, I believe.
That day the VIX also blew out of its range. The next day ES made a new low - which, to date, hasn't been broken.
More...

on Jan 21 we had similar VIX spike and SPY drop. That was just the beginning of the correction. Looks like today new lows won't happen, unless Fed helps of course.
 
Quote from S2007S:

Free money, low interest rates, stimulus etc etc, is the only way they know how to create a false sense of economic growth. As long as rates stay low the economy will stay propped up. Go Bubble ben!!!
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My tongue ain't so firmly placed in my cheek as yours, but you sound damn cynical. I mean bubblicious. :D

Now hop on Bernie's chopper, y'all. We going on another printing spree!
 
The printing press just keeps on going and going and going and going and going!!!!!!!!!!!

Enjoy!!!!


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:p
 
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