The S&P has topped

The S&P has topped


  • Total voters
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I read that rally was discounting expected increases in stock buybacks proportinate to the size of the corporate tax cuts. Possibly a tailwind from a < 10% cash repatriation bill.
As already stated, Healthcare delays and or diminishes the tax thing and its effects on equities
Maybe the fed will soon measure a dose of doveish language to offset the diminished fiscal stimulus or suggest a compromise on the height of the wall.
 
Volente waiting patiently for that opening print----Posting has been crafted and remains in draft form while the last pre-market hour passes like sand thru the hourglass---
 
Volente waiting patiently for that opening print----Posting has been crafted and remains in draft form while the last pre-market hour passes like sand thru the hourglass---
Much like Tom Cruise's character watching the classroom clock in Risky Business.
 
No need to panic...just keep buying....markets will be bright green by mid week and all losses totally erased.....
I even bought, very small buy of TNA under $95 on today's open.....
 
I've seen enough of your calls not to ever lay your top calls, plus Pekelo concurred. Surf made a top call (cough cough obviously) and I had a bearish signal too. Cool! Let the slide continue.

Where is your target? I am playing it by the ear, most likely around 20SMA monthly basis (NDX, SPX, INDU)


Attacking the messenger is all you have instead of logic and reason to convince me to change my mind ?



Risk is 26 points
Downside targets are
2333
2203
2112
 
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