Will the S&P hit 1000 or 700 first?
- Thread starter B. Rowshan
- Start date
that's mr. rowshan, not "rowshan" or "row"
** rowshan report **
rowshan reports that it looks like the S&P is ready to roll over, once again.
The next 2 weeks do not look pretty.
rowshan reports that it looks like the S&P is ready to roll over, once again.
The next 2 weeks do not look pretty.
blowshan going to get smoked on those calls soon
http://finance.yahoo.com/tech-ticker/article/168673/'Monster-Move'-Coming-for-Stocks-S&P-Could-Hit-1000-by-Spring-Harrison-Says?tickers=XLF,SKF,SPY,C,BAC,WFC,MS
http://finance.yahoo.com/tech-ticker/article/168673/'Monster-Move'-Coming-for-Stocks-S&P-Could-Hit-1000-by-Spring-Harrison-Says?tickers=XLF,SKF,SPY,C,BAC,WFC,MS
I am not predicting the move one way or the other - I don't know - but every time I listen to those guys on finance.yahoo.com talk about a rally - they are wrong. They have been talking about 20-25% rallies since September and it just never happened. The market kept dropping 4% here, 6% there until we got to where we're at now.
Where were you from nov to jan when the spoos ran from 740 to 940 ?
When exactly did that happen? If you're referring to a V-shaped dip/recovery that happened at the end of November when the S&P dropped a 100 points and then bounced right back - that doesn't count (and even if it did, that's only about 11%). Since then S&P went up slightly to 940 before dropping to the current level. If your point is that this now it's not the lowest S&P has been in the last 6 months, I won't argue. But if you're taking the lowest point and the highest point over an arbitrary period of time and calling it a rally (even though it has plenty of up and down moves)... that's not what those "experts" were saying was going to happen. Either way, I don't have any desire to argue one way or the other. I was just saying that listening to those guys on yahoo is pointless. They can predict what's going to happen no better than Miss Cleo.