SP500 - High Probability predictions for 2016
- Thread starter Autodidact
- Start date
You get stopped out on this? Or is 1900 your planned entry?
Probability of new highs this year has now increased to 98.2% on my mathematical model.
Bet against it at your own peril.
Bet against it at your own peril.
Stopped out. Well, that didn't take very long. But didn't quite expect the price to jump up as soon as I got in.
Market is now 1902.
Didn't get stopped out.
I am willing to take $1,000 of that action...
Only caveat, I am betting with you not against you...
I know your abilities and credibility... It would be the easiest $1k of the year ... lol
I have bet that there will be new lows prior to any new highs, I am not into time schedules.
Whilst I acknowledge that the market tends to fool the majority. This drop in the market since the start of the year feels different somehow. There wasn't the same degree of fear (the rate hike already had happened and the markets had seemingly brushed it off) as previous drops and it almost seemed to happen unnoticed in the background without too much attention. At least that it how I perceive the situation. Anyone else feel this way?
For these reasons, I feel that a more substantial sell-off than most are expecting is on deck. I won't be making any huge bets on the short side, but for obvious reasons, would like to see at least 2 or 3 good bull runs in the general markets this year, even if they start from much lower levels.
For these reasons, I feel that a more substantial sell-off than most are expecting is on deck. I won't be making any huge bets on the short side, but for obvious reasons, would like to see at least 2 or 3 good bull runs in the general markets this year, even if they start from much lower levels.
Talk about a big bounce off those lows