Man, get over your obsession with me. You are too gay. Aren't you embarrassed that you keep coming to this thread?
Will the S&P hit 1300 in February?
- Thread starter rubberbird
- Start date
Man, get over your obsession with me. You are too gay. Aren't you embarrassed that you keep coming to this thread?
and I still say the S&P won't hit 1300 in Feb !!
I am ?Quote from patoo:
Bird,
You are disappointing me with this talk!
I did ?Quote from patoo:
I grant you that the weekly momentum is still down, but the real problem is you missed this little daily leg up. (1271->1291)
No, I didn't. That's why I challenged the gay stalker to bet me as to who made more money this month. And i'd better have done well, b/c the gay stalker already showed us a "screenshot" of his big gains (tee-hee).
No - because
Money flow is not coming into market
McClellan Summation Index is not hitting higher highs
Have not tried to analyze why market is where it is without
money - think it has something to do with money flowing to energy stocks and think, not sure, that the weighted value of the energy stocks has kept it up.
Finally, energy and materials usually peak at stock market highs -
if they do not hit new highs think we are on way down with interest rates rising and with all due respect to the FED --inflation rising.
Like some critique -
Jono
Money flow is not coming into market
McClellan Summation Index is not hitting higher highs
Have not tried to analyze why market is where it is without
money - think it has something to do with money flowing to energy stocks and think, not sure, that the weighted value of the energy stocks has kept it up.
Finally, energy and materials usually peak at stock market highs -
if they do not hit new highs think we are on way down with interest rates rising and with all due respect to the FED --inflation rising.
Like some critique -
Jono
The S & P weeklies are hitting the top side of its price channel
while the NYSE composite is forming a right shoulder (some quantitatives are showing divergence to add to it).
If the indices rally it'll be a good one with plenty of shorts to squeeze. This could be our "euphoric high" prior to correction- 30 year bonds have been rallying bringing yields lower- long side more difficult for lenders, the markets taking disappointments hard.
Interesting that the Nasd. and S & P didn't follow the $INDU which is likely just BROADENING its view.
OIL could help the Bears from here coupled with implied interest rate hikes ahead ...but we're only 12.75 pts away- anything could happen :eek:
while the NYSE composite is forming a right shoulder (some quantitatives are showing divergence to add to it).
If the indices rally it'll be a good one with plenty of shorts to squeeze. This could be our "euphoric high" prior to correction- 30 year bonds have been rallying bringing yields lower- long side more difficult for lenders, the markets taking disappointments hard.
Interesting that the Nasd. and S & P didn't follow the $INDU which is likely just BROADENING its view.
OIL could help the Bears from here coupled with implied interest rate hikes ahead ...but we're only 12.75 pts away- anything could happen :eek: