Market Prediction Today - 14 March

galvinlee888 · Mar 14, 2011

Now is about 1.5 hours before market open.

My prediction is -
Market will open red but close green.

Look at the tape.

Also, all the bad news from Japan already priced in, and oil fall below $100, and no one seemed care too much on Libya anymore. Europe is tame for the time being
The herd bull is waiting to buy the fxxxxxx dip again.

Cdntrader · Mar 14, 2011

Quote from galvinlee888:

Now is about 1.5 hours before market open.

My prediction is -
Market will open red but close green.

Look at the tape.

Also, all the bad news from Japan already priced in, and oil fall below $100, and no one seemed care too much on Libya anymore. Europe is tame for the time being
The herd bull is waiting to buy the fxxxxxx dip again.

mkt just holding up into FOMC sugar daddy.

Bob111 · Mar 14, 2011

New Post 03-14-11 08:51 AM

Now is about 1.5 hours before market open.

if you mean stock exchange then it's about 30 min before open. i think you forgot to adjust to US summer time..

Wayne Gibbous · Mar 14, 2011

Market has the feel of one of those - red at open, then move up some to suck people in, then big drop later in the day.

But who knows...

stock777 · Mar 14, 2011

another bonafide idiot thread bites the big one

galvinlee888 · Mar 14, 2011

Quote from stock777:

another bonafide idiot thread bites the big one

Use your brain to think, if the big event in Japan can only move the market down for less than 100 points in DJL and the market move upward since 1pm, what you think ? A begining of another bear market ?? How worst could it be in near future ? All the bad news already gone out, except you have another big earthquake again tomorrow (which is unlikely) or another big european country declare bankrupt, which is very very unlikely - Summary is I go long now !!!

galvinlee888 · Mar 14, 2011

Quote from Cdntrader:

mkt just holding up into FOMC sugar daddy.

We know what the FOMC will say, especially after the event in Japan

stock777 · Mar 14, 2011

thats right, I called for a 10% market collapse and you were on target with your green close call.

ElecEquity · Mar 14, 2011

Quote from galvinlee888:

Now is about 1.5 hours before market open.

My prediction is -
Market will open red but close green.

Look at the tape.

Also, all the bad news from Japan already priced in, and oil fall below $100, and no one seemed care too much on Libya anymore. Europe is tame for the time being
The herd bull is waiting to buy the fxxxxxx dip again.

nope.

piezoe · Mar 14, 2011

Quote from galvinlee888:

Now is about 1.5 hours before market open.

My prediction is -
Market will open red but close green.

Look at the tape.

Also, all the bad news from Japan already priced in, and oil fall below $100, and no one seemed care too much on Libya anymore. Europe is tame for the time being
The herd bull is waiting to buy the fxxxxxx dip again.

Congratulations are in order. Nice guessing, and close enough.