Will the S&P go to 1000 or 1200 ?

will the S&P hit 1000 or 1200 first?

  • 1000

    Votes: 60 39.0%

  • 1200

    Votes: 80 51.9%

  • I cannot give an answer at this time

    Votes: 14 9.1%
  • Total voters
    154
Quote from Tsing Tao:

i said you might be. the top might be a bit higher than your 1050 argument. like 1056/8
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you mean 1150. Well it has already reached 1157.2 on thursday so your hindsight is 20/20!

In all seriousness, i'm following to see if the S&P can close over 1150. I don't think it can top thursday's high or close above 1150.
 
Quote from fly down:

you mean 1150. Well it has already reached 1157.2 on thursday so your hindsight is 20/20!

In all seriousness, i'm following to see if the S&P can close over 1150. I don't think it can top thursday's high or close above 1150.
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its not hindsight if it goes back up to the 1058 area. thats where i think a top comes in, if it ever does.
 
Quote from fly down:

I think the 1150 level has become strong resistance and closing above it is going to be hard to do.
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Hey thornrubberbirdghostzapperbobrowshan


You said the same thing 5 % lower



Quote from fly down:

the S&P closed today @ 1104.18

To me, it appears the rally is overextended and on weak legs. I think there could be downside to 1000 as the september-october season arrives coupled with other factors favoring downside. What do you think?
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Quote from Ivanovich:

its not hindsight if it goes back up to the 1058 area. thats where i think a top comes in, if it ever does.
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So you think it's going to 1058 from here? Or is it going to hit 1200 first and then go to 1058?

Thank you for your comments.
 
Quote from fly down:

So you think it's going to 1058 from here? Or is it going to hit 1200 first and then go to 1058?
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Ivanovich--this is ET, where you can actually take a stand and make a clear forecast as to future direction.
 
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