The S&P has topped

The S&P has topped

  • Total voters
    59
S2007S said:
Wait a second, now if Trump were to just resign tomorrow the Dow would jump 1000 points????
Really.....so the markets love Trump and his policies yet only 8 months ago the markets feared him winning and were supposed to collapse if he won, yet they jumped and now if he leaves the markets will now jump again with the Dow adding 1000 points....wow you can't make this up. And now Pence would just become president....this is quite amusing....we should just have a reelection.... How about them apples.

    • If Trump resigned tomorrow, Dow would go up 1,000 points: Jeremy Siegel
      • The market rally has been based on the Republican agenda, not the Trump agenda, Jeremy Siegel said.
      • He believes Wall Street would prefer a President Michael Pence rather than President Donald Trump.
      • Tax reform will get done, he said.
      Michelle Fox | @MFoxCNBC
      1 Hour AgoCNBC.com
      [paste:font size="3"]Donald Trumpdrove U.S. markets sharply lower Wednesday, but longtime bull Jeremy Siegel certainly isn't concerned.

      That's because the market rally has been based on the Republican agenda, not theTrump agenda, he said. In fact, he believes Wall Street would prefer a President Michael Pence rather than Trump.

      "If Donald Trump resigned tomorrow I think the Dow would go up 1,000 points," the Wharton School finance professor said in an interview Wednesday with "Closing Bell."
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If Siegel knew what the market was going to do, he would be trading from his Tuscan villa and not boring students with economic theory for a living.
 
volente_00 said:
The descent of the waterfall is where the money is made
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"Don't go chasing waterfalls.
Please stick to the rivers and the lakes that you're used to.
I know that you're gonna have it your way or nothing at all,
But I think you're moving too fast"
 
volente_00 said:
The descent of the waterfall is where the money is made
If you learn nothing else in trading
Fear is always stronger than greed
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My point is confirmed by the chart. 1 day to fall 50, twice as long to go back up 43

Fear is always stronger than greed



:)
 
volente_00 said:
Newsflash

The S&P has been topped for 79 days now
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Once again kudos to you, it was a fantastic call, im curious what you use to judge your range, like two days ago when you called the 2356 bottom, are you using Fib numbers? I just dont know where you would have pulled it from other than that there was no support there, it was another great call, but i just cant see how you came to that number.
 
propwarrior said:
Is that why the S&P is in a long term bull trend? douche.
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He called a top that lasted for almost 3 months in the midst of a raging bull market, if you cant make money off that/cant figure out thats a good call your in the wrong business junior, hope your enjoying the ride with all 25 of your SPY shares.
 
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