Will the S&P go to 1000 or 1200 ?

[S2007S]

Quote from Tsing Tao:

to that point:

112 stocks now account for half the day's trading volume.

yummy

what a piece of shit market. is there any wonder there have been 18 weeks of outflows?

That is an interesting chart right there, I am sure this is a positive according to the bulls.

 

[fly down]

Quote from S2007S:

That is an interesting chart right there, I am sure this is a positive according to the bulls.

Which part of this is your own opinion

 

[Tsing Tao]

Quote from fly down:

That's why I still say 1000 before 1200

dont underestimate the fed and its pomo days (doubling down now between sept and oct according to the ny fed). with 30:1 leverage that buyback is a lot of money to push up stocks.

 

[fly down]

Quote from Tsing Tao:

dont underestimate the fed and its pomo days (doubling down now between sept and oct according to the ny fed). with 30:1 leverage that buyback is a lot of money to push up stocks.

There may be some more upside to maybe 1140-1150, but I still say no to 1200.

 

[FL_Geezer]

There is no reason for this to level off at 1,000 - - - 750 to 800 is more likely. Using SDS as my anchor to windward.

Buying some each time price enters the Entry Zone (using the E-Zone System).

 

[suriNotes]

Here is S&P's Price and Time Targets chart.

Regards,
Suri

 

[fly down]

Quote from FL_Geezer:

There is no reason for this to level off at 1,000 - - - 750 to 800 is more likely. Using SDS as my anchor to windward.

Good luck but it is not my style to predict that many points. Let's go 100 points at a time and see if we get that right.

 

[fly down]

Though the odds are 6 to 5 against me now, I still say the S&P will hit 1000 before 1200

 

[Tsing Tao]

odds on this site are irrelevant. fed is against you. pomo baby. just bought it up and popped the market.

 

[galvinlee888]

Quote from MKTrader:

Trend is your friend if you bought around 1040-1060 and are taking profits or at least have profits locked in.

Buying for the first time here is only for newbie chasers...

Despite all the not so good news, market up again now ! I am not saying it won't go down, but now seemed so many herds are on buy side, why not just follow the trend until the reverse happen ?

Long Long Long !