The S&P will see 1000 before 1100

will the S&P see 1000 or 1100 first ?

  • 1000

    Votes: 47 37.3%

  • 1100

    Votes: 51 40.5%

  • I don't know/ I don't care/ another alias?

    Votes: 28 22.2%
  • Total voters
    126
History shows that the week after OP EX is usually down, but will it make it back down to 1000? I doubt it.

IMO, the SPX high will be the 1100-1150 area and that should happen in Sept or Oct... I lean more towards Oct.

Regardless of when the exact pivot point downturn comes, we should all be getting ready to short this market.

What I'm really wondering if the USD will diverge like it did during the last big downturn. I don't think that will happen this time because China is dumping the USD and buying all the gold they can get.
 
Quote from birdstone:

The odds are 2 to 1 in favor of the S&P hitting 1100 before 1000

So why is it that 6 of 8 (75%) votes favor 1000 first ?
More...

Because 3/4's of the posters on this board are net losers :D

Also, there is no doubt there is a bearish bias on ET.
 
Quote from volente_00:

What about the top you called at 928 bloshan ?


S&P @ 928 3pm

The great b. rowshan is back and bigger then ever!
Huge rally is over for now.
Is b. rowshan ever wrong?
More...

That thread was amusing. I love when cockiness comes back to haunt people.
 
Quote from clacy:

Also, there is no doubt there is a bearish bias on ET.
More...
I agree with this statement. But 1100 is still a 2 to 1 favorite and the masses like to play favorites.
 
S&P 500 INDEX,RTH(SNP: ^GSPC)
Index Value: 1,071.66
Trade Time: 4:59pm ET
Change: 7.00 (0.66%)
Prev Close: 1,064.66
Open: 1,066.35
Day's Range: 1,066.35 - 1,073.81



1071 < 1065


:confused:
 
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