Will the S&P hit 1000 or 700 first?

[B. Rowshan]

Quote from stock_turder:

Maybe you should take a poll and sell it as a report.

Is this your thread?

http://www.elitetrader.com/vb/showthread.php?s=&threadid=129067

Buy MOS @ $151 ??

Buy PCX @ 79 3/4 ??

Buy CLF @ $98 3/4 ??

stock turder, you managed to make an index of the worst performing large cap stocks over the last 7 months. Congrats!

you lost -85% in only 7 months. I hope for your sake everyone is right and you are just a paper trader.

 

[S2007S]

Thank you for this thoughtful rally this morning, helped me buy RFN and FAZ at discounted prices.....

 

[volente_00]

Are we going to be on leaving or not rubberchicken ?

 

[B. Rowshan]

Quote from S2007S:

Thank you for this thoughtful rally this morning,

your welcome

this rally should help even out the poll

 

[stock_trad3r]

W00t great day

 

[sirgiyan]

According to my observations the biggest volume for XLF was on tops of todays move. Which means to me that financials are headed lower if not tomorrow then on friday.

 

[des44]

I can see us getting to 800 soon. Maybe even 775......Worse case scenario is 750. No chance of it going lower.

I have been trading many years and I am actually putting my money where my opinion is.

PS. I'll be big time hedged (or bear) if we go below 750.

 

[B. Rowshan]

Quote from des44:

I can see us getting to 800 soon. Maybe even 775......Worse case scenario is 750. No chance of it going lower.

5 posts in 5 years--many thanks for posting on this thread!

I believe there is a real strong chance of the S&P going below 750, even 700 ultimately. Not sure of the exact timing, but the next leg down will commence when bullish sentiment goes abit higher and a new shock of bankruptcies becomes reality.

 

[des44]

Quote from B. Rowshan:

5 posts in 5 years--many thanks for posting on this thread!

I believe there is a real strong chance of the S&P going below 750, even 700 ultimately. Not sure of the exact timing, but the next leg down will commence when bullish sentiment goes abit higher and a new shock of bankruptcies becomes reality.

Oh man, I was hoping no one would notice.

I sure hope your analysis is wrong for the sake of the country and world. Many people will get hurt much worse.

d-

 

[B. Rowshan]

Quote from des44:

I sure hope your analysis is wrong for the sake of the country and world. Many people will get hurt much worse.

d-

I hope i'm wrong as well.

But, the S&P traded around 500 in the mid 1990's before it exploded up, creating a massive long term double top around 1550. I believe the S&P could see 500 again, and the world will not end.