Weekly Poll: After Brief Excitement Will We Go Back to Boring?

SPY Next Week?

  • Bullish

    Votes: 15 40.5%
  • Flat

    Votes: 13 35.1%
  • Bearish

    Votes: 6 16.2%
  • I prefer to keep my opinion to myself or don't have one

    Votes: 3 8.1%

  • Total voters
    37
  • Poll closed .
Quote from noddyboy:

There is a disconnect between the number of bears posting versus polling.

Bullish 14 53.85%
Flat 7 26.92%
Bearish 4 15.38%
I prefer to keep my opinion to myself or don't have one 1 3.85%

maybe the bears are more nervous...

i am guessing we will have a flat week with ups and downs while VIX works its way down. the crash will take place in a week.
 
Quote from S2007S:

Futures getting weaker as oil closes in ever so close to $100

Filled up yesterday and paid over $3.65 a gallon....whewwww!!! That was for Regular, premium is close to $4.00 and Diesel is already over $4.00...and Bubble ben bernanke says no inflation....hahah!!!

Bulls better hope for oil to pull back or else stocks are going to correct even further!!!!! There is another 12 hours before the opening, so no need to worry just yet.


S&P FUT
1313.30 -5.50 -0.42%
DOW FUT
12071.00 -39.00 -0.32%
NAS FUT
2337.25 -8.50 -0.36%
OIL
99.68 1.80 +1.84%

I don't know what I would do if I didn't have your insightful analysis on a daily basis. :)
 
Quote from shortie:

in the last two years 1st of the month has been +1% on average or something like that. If Monday is flat or positive, Tuesday could test new highs based on the pattern.

lots of "IFs" in the above scenario.

i am wondering when the pattern will break
 
Quote from shortie:

i am wondering when the pattern will break

Stop wondering and get in the game! We use to have an old saying, "you have to be in it to win it".

Come on Shortie...stand tall!
 
Notice the extreme push and pull, the volatility on down days, but on up days the market doesnt have that much push at all, it just trades higher and literally finds a comfortable zone and sits there all day.
 
Quote from S2007S:

As I said last week from now on anytime oil is up equities will trade lower no matter what, oil is at levels now where anytime it moves higher, billions are being shaved off the gdp. If oil trends higher this entire week look for at least a 2% drop in the overall markets.


Oil nearing $100 again as equities sink!!!



DOW
12147.89 -78.45 -0.64%
NASDAQ
2755.31 -26.96 -0.97%
S&P 500
1316.23 -10.99 -0.83%
OIL
99.01 2.04 +2.10%
 
Quote from S2007S:

Notice the extreme push and pull, the volatility on down days, but on up days the market doesnt have that much push at all, it just trades higher and literally finds a comfortable zone and sits there all day.

Congratulations, you just discovered a 100 year old pattern that volatility shrinks when markets rise and expands when markets sell off. LOL.

You could have picked up an options text and learned all this a little further back.
 
qqqq at 56.88. I want to take profits starting at 56.86 (2cents down), but I am concerned that it may stop at 56.88. Maybe I should just take it here and kick myself if it goes down further without rising for today. What do you guys think?
 
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