Will the S&P hit 1300 in February?

[Steelhead]

Quote from rubberbird:

looks like the bird has done it again!

thanks for marking the low today

 

[Pekelo]

Quote from Pekelo:

There is a good chance that we topped today. Doubletop is in place, ready to go down. RSI nicely overbought...

Looks like Pekelo has done it again...

 

[CowboyBlue]

Quote from Perseus:

I love 100 % up room to go!!

who made up that saying anyway? it sounds like some sort of trailer park rat fuck son of a bitch in a cheap suit broker type talk

100% up room to go!!
$$$



best quote ever

 

[no-problem]

Quote from rubberbird:

looks like the bird has done it again!

Day is not over yet. Stock mkt is the game of probabilities. So lets see in the afternoon. PPT, mom and pop buyers are always there to keep this mkt going.

 

[chewbacca]

The Dow has only closed above 11000 twice on a monthly basis. Feb close important, I see a selloff coming. Furthermore, if the Dow can't breakout to new highs it leaves many support levels vunerable in the next bear market.

 

[Johnny Walker]

These two charts could give us a clue.

 

[Johnny Walker]

and this

 

[rubberbird]

Quote from Steelhead:

thanks for marking the low today

no, thank you for capping the high.

 

[rubberbird]

Quote from rubberbird:

goog has come back...S&P @ 1281 right now.
February has long week-ends, and slower trading..is this a better month for the S&P to hit the magic 1300 level?

I say no, the S&P will not see 1300 in February.

I bucked the long odds, and I was right again! Incredible.

 

[TheDr.]

I'll give my two cents worth....If we open higher tomorrow, we will certainly "touch" 1300....Maybe slightly higher but, I'd watch the open.....:

Lower open; I say 1279.1280 on the bottom....
Maybe 1300.5 on the top... just a guess