SPY, XLF, IYT - charts indicate that the Bottom is IN!

Quote from option_trad3r:

Something tells me your account will be blown up between now and July. Woohoo. :D

Seriously, the soon-to-be-released stress test result will be very good. The banks will be making money.
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You are far behind the curve. Hence the date of the article below on Zero Hedge.

http://zerohedge.blogspot.com/2009/03/exclusive-aig-was-responsible-for-banks.html


Don't worry, you're not alone behind the curve. Barron's is far behind the curve as well. Hence the date of their article. Although I do enjoy reading Alan Abelson.

http://online.barrons.com/article/SB124000857570530541.html
 
Quote from option_trad3r:

Did you guys buy the dip as I suggested? :D

Look at how strong the rally is today! Going to 1050 minimum.
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No, and 1050 huh? option_trad3 meet ignore button. Have a nice day.
 
I believe we have finally reached the bottom of this bear market. I think bear market is over. Just look at the charts, they speak for themselves:
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that depends on your time frame(i never use charts for trading anyway)
imo-there is will no growth in US without really deep fundamental changes. and so far- i did not see anything coming any time soon..

big.chart
 
This market is like an ATM machine for me. Just buy dude, there is no top in this market. It has recovered and going higher. Bank stress test result will be great. Finally, Obama's Economic Dream Team cleaned up the mess that was made by the previous administration.

SPY1dl2202.png


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I have recommended my friends and family to keep investing in this market. The bottom is in! Also look at AAPL, recovering. She's going higher. MSFT too!
 
Quite a few 52-weeks high

http://www.finviz.com/screener.ashx?v=340&s=ta_newhigh&ft=1&ta=1&p=d&r=1

Look for a beautiful Monday rally. Like I said, Bernanke and Geithner, the Obama's economic Dream Team, will make S&P go to at least 1050.

Come on, what recession? Oil at $48. House prices came down. Jobless claim decreasing. People are buying IPhone, laptop, Blackberry. Malls are still packed. Citi at $3, GS at $120. They're all selling at a discount.

Why wait? But some more. Look for more rallies to come! More and more people are calling for a pullback. That means it's a party time!! Buy !!
 
More charts

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Broke the downtrend, now going up.

There is nothing to fear when Bernanke and Geithner stand behind you.

Bernanke, Geithner, and Obama will bail us out. All investors will be bailed out I guarantee you. Never bet against the Fed!

Have no fear and buy. Don't miss this huge rally to the upside. Also buy GS, DFS, V, MA, BIDU. These will rock your portfolio.

Goldman Sachs will skyrocket to $300 after the stress test result. They will pass the test with flying colors. It's free money, why wait and waste your money on puts?
 
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