S&P is at 1329. I am anxiously waiting for the next top call.
The S&P has topped !
- Thread starter fly down
- Start date
The market is not frothy enough to correct. Everyone wants in! I told you to get in! Everyone is hunting value! Everyone is buying any dip they can find! Market needs to go HIGHER in order to post a correction. We will correct to current levels, maybe to levels a little higher! We are near a FLOOR, not a top.
The market is going HIGHER, you should be LONG.
The market is going HIGHER, you should be LONG.
probable nice upside to come this week.
Futures having a slight move to the upside...
S&P FUT
1329.0 _ 1.7 +0.13%
DOW FUT
12259.0 _ 18.0 +0.15%
NAS FUT
2380.25 _ 2.0 +0.08%
Tomorrow morning I expect the futures to be up about 1/3 of a percent.
Spx could easily close the week above 1350, think about 50 more points and the spx will have touched many analyst predictions for 2011, looks like most will have to raise their forecast over the next couple of weeks.
Update:
S&P FUT
1330.30 _ 3.00 +0.23%
DOW FUT
12266.00 _ 25.00 +0.20%
NAS FUT
2382.00 _ 3.75 +0.16%
S&P FUT
1329.0 _ 1.7 +0.13%
DOW FUT
12259.0 _ 18.0 +0.15%
NAS FUT
2380.25 _ 2.0 +0.08%
Tomorrow morning I expect the futures to be up about 1/3 of a percent.
Spx could easily close the week above 1350, think about 50 more points and the spx will have touched many analyst predictions for 2011, looks like most will have to raise their forecast over the next couple of weeks.
Update:
S&P FUT
1330.30 _ 3.00 +0.23%
DOW FUT
12266.00 _ 25.00 +0.20%
NAS FUT
2382.00 _ 3.75 +0.16%
The majority of analysts predicted between 1400 and 1500 on the S&P 500 in 2011 before the year started.
Don't let facts get in the way of a good "story" though. You seem to be the National Enquirer of this site.
for longerterm:
i find it hard to be bearish on stocks when the bond market looks so toppish
i find it hard to be bearish on stocks when the bond market looks so toppish