Possibility of Market Dump Due to Healthcare Bill

If Healthcare Bill Passes, This Week The Market Will Move...?

  • -5%

    Votes: 33 28.9%

  • -2%

    Votes: 25 21.9%

  • flat

    Votes: 20 17.5%

  • +2%

    Votes: 15 13.2%

  • +5%

    Votes: 21 18.4%
  • Total voters
    114
Quote from shortie:

Holy Crap! SPY has NOT actually reached new highs in Mar! The strong dolla finally caught up with the market.

The TOP was 3 days ago!!!

attachment.php
More...

you guys really should appreciate the significance of this chart. the "multi-year high" of March 2010 is not the multi-year high when spy is denominated in dollars. in fact it is around oct 2009 peak. SPY is much weaker than it looks!

any experts on head and shoulder here?

the next stop is below 1.29 (11% dump at least)
 
Bulls are everywhere, next 7-8 days worth of gains, that should easily take the s$p to 1200+ without question......everyone's opinion on the market is straight up.



"I think they're going to mark these puppies (stocks) up through the end of the quarter. I think it might go on for the next seven or eight days, and you're going to grind higher unless you get some macro shock from Greece," said John O'Donoghue, who heads equities at Cowen.
 
Quote from Gcapman:

Passage equals USD weakness which equals stock market uptick

Edit: this is only from a trading POV...long-term I think it might be a bad thing for the US stock market but good for US population
More...

This was such an easy trade
 
You must log in or register to reply here.
Back
Top