S&P will be under 700 within days

S&P will be under 700 within a few days?

  • Incredibly, Yes it will

    Votes: 68 44.7%

  • No it won't

    Votes: 83 54.6%
  • Total voters
    152
http://www.trendtradingtowin.blogspot.com


This is the guy who does those commercials on cnbc, mike parness, says dow is headed to 2500 before it ever gets back to 12,000.


"We will see 2500 before we see 12,000 again, mark it down. And, as I will continue to say...I HOPE I'm wrong! :) RULEEEE!"

Also said C was going to Zero which I think is quite possible myself.
 
Quote from S2007S:

This is the guy who does those commercials on cnbc, mike parness, says dow is headed to 2500 before it ever gets back to 12,000.
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I believe this guy used to be on ET many years ago, and incredibly, was hassled by the same idiot who targeted me way back when.

Parness is the real deal, and at the least, has very entertaining commercials.
 
interestingly enough, the monthly chart of the SPX shows a double top. Important to note is the increase in volume when breaking down currently, and the size of the bars. (3 months 300+ points) Normally with double tops increase in volume in direction of the trend at the completion of the double top increases successratio of the double top, then again we haven't had a monthly double top since ever, so it's unknown yet how it would work out. This is very interestig, because if this momentum continues we could see alot lower levels on the SPX.
 
Quote from bbqbbq:

interestingly enough, the monthly chart of the SPX shows a double top. Important to note is the increase in volume when breaking down currently, and the size of the bars. (3 months 300+ points) Normally with double tops increase in volume in direction of the trend at the completion of the double top increases successratio of the double top, then again we haven't had a monthly double top since ever, so it's unknown yet how it would work out. This is very interestig, because if this momentum continues we could see alot lower levels on the SPX.
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down we go! free money!
 
Quote from B. Rowshan:

Take this from the guy who started a thread when the S&P was 1250 saying that it would plummet below 1000 within a month.

Now...S&P will be under 700 in a few days. You'll see.

I guarantee it. and I haven't been wrong yet in 2008.
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Like I said, I haven't been wrong yet.
 
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