What's your target for the bear rally?

[option_trad3r]

Agree. We are the mad leets.. going higher you and me, crushing these shortstersellers. Werd

Quote from stock_trad3r:

I wonder how many accounts will be blown up by the end of the week? This is just the start. Oh yesss

 

[Specterx]

I have S&P 1030 as the target for my long positions. Price patterns from the last bear market tell me we're looking at a contraction in volatility, drift into the 1100s by year end, followed by the next leg down. But we could just as easily hover around 950 or drift back towards 750. Depends on whether there's some unexpected bad news (sovereign debt default, something like that) but otherwise I think holiday sales will be terrible and prompt another drop in January.

 

[AMT4SWA]

Quote from option_trad3r:

Agree. We are the mad leets.. going higher you and me, crushing these shortstersellers. Werd

You two are the same dude......holding hands against the 3000 foot wave!

 

[margo_trader]

975 area before we see any kind of pullback and still stuck in the 840 -1045 range for the S&P.

T
http://actionpointsta.blogspot.com/

 

[stock_trad3r]

Seems too many people are drinking the doom and gloom koolaid. Things just aren't that bad, or atleast not as bad as they may seem. Seeking alpha, tech ticker, Kudlow, Cavuto, are all bullish.