S&P Blowoff Top?

P

PohPoh

I'm not a top caller...though i AM a permabear, and I've missed much of the run (cept from 1445-1500), this looks suspiciously like a BOT...
1517 was my next level of resistance...it met it with force, bonds reacting pretty sharply to this jobs report...
Could see a flight to quality soon...big boys may start a small dump..
We'll see...
 
You may be right
I may be crazy
But it just may be a lunatic youre looking for
Turn out the light
Dont try to save me
You may be wrong for all I know
But you may be right
 
This rally barely started how can you call for a blow off top. We got ~100% (maybe 110%) up room to go in the big indexes...
 
Quote from makloda:

This rally barely started how can you call for a blow off top. We got ~100% (maybe 110%) up room to go in the big indexes...
More...

Because I'm a trader, not an investor..
I see short term tops, bottoms...
I don't hold for the long term...

If you see 100% uproom to go at 1200, how can you see 100% uproom to go at 1500? Are you basing that on the fact that the Dollar has fallen in half since 2000?
 
Quote from PohPoh:

Because I'm a trader, not an investor..
I see short term tops, bottoms...
I don't hold for the long term...

If you see 100% uproom to go at 1200, how can you see 100% uproom to go at 1500? Are you basing that on the fact that the Dollar has fallen in half since 2000?
More...

Actually... yes.

Tho I don't know about 100%
 
USD should catch a bid here soon...
CLM may have found support at 6260..
Long CLM from 6265...Stop/Reverse at 6254
 
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