What's your target for the bear rally?

Quote from AMT4SWA:

OK....see how some sells at 940.00 will work out. :eek:
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Covered 33% of my ES SHORT position at 930.00 ....holding the rest to see what happens as we trade here in the AH session.
 
Quote from AMT4SWA:

Covered 33% of the position at 930.00 ....holding the rest to see what happens as we trade here in the AH session.
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Ha. Just got back and was going to mention that your shorts look good :D

At this point i think we could blast up to the 1050 range or make a lower low on the 60 min chart and then take out the FBP........my mind seems to wonder on its own like this.
 
I would LOVE to see us trade above the 1050 level again.....I will have a more aggressive approach at those levels (willing to build up a bigger position). :)

BTW, I will pull another 33% off at 920.00 as my next target....the last 33% has no target set at this time.
 
Quote from frank grimes:

Stock, you are calloing yet another bottom huh? Well let's see if the 50th time or so is the right call. My take on today? We could very well move higher for a week or so, then oops the election hits. When (not if) obama gets the nod, the mkt will be back down to test the lows. I am quite sure we are not beginning a new bull market, but you keep on hoping and posting stock, you are so naïve and egotistical that your posts are humorous if nothing else!
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obama is priced in because it is already an old news.
 
Quote from RussellDaytrade:

my target is a new bull market
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I halfway agree. I'm not sure if this is "the bottom", but I think its an important and likely one that has some good trades in it. For the first time in months I'm actually seeing productive chart patterns that could sustain the momentum of a rally. Who knows, I always reserve the right to be wrong..but I think that odds are very favorable right now for buying some select stocks and indexes for the short to intermediate term.
 
if the dollar starts a new trend of weakening then the sky is the limit, if the dollar stabilizes, oil returns to normal levels like 80-90 then 1150 on sp500, or we could just sell off 1000 points one of these days this week.
 
The new era of globalism, spendism, web 2.0, hypercaptitalism, smartism, and consumerism is far from over. The dollar will fall like a rock and commodities will surge. Gas soon be $4 again and consumer spending will keep rising. We need more bailouts and print more money because that is good for stocks and economy. So far the fed is going a great job. Web 2.0 not a bubble. Dow 10k this week is very realistic. Then 14K within 15 months.
 
Quote from AMT4SWA:

I would LOVE to see us trade above the 1050 level again.....I will have a more aggressive approach at those levels (willing to build up a bigger position). :)

BTW, I will pull another 33% off at 920.00 as my next target....the last 33% has no target set at this time.
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My ES SHORT profit target at 920.00 was tagged out......holding last 33% through remainder of the AH session to see what we get. :)

First hour of EU session will be important tonight (watching the DAX with extra interest tonight).
 
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