Right. Alot of bullishness arising now. ET is usually relatively bearish but look at the poll this time.
I know i'm right this time the poll says so
The high in April was 1219.8 It is my belief that the S&P is forming an intermediate term double top around 1220. This does not mean it will...
No i'm sticking with 1220 as an intermediate term top. And its all the new, johnny-come-lately bulls that are making me more sure everyday that...
congrats to the 1200 crowd. You were right. I was wrong. i'm ready to start a new thread very soon as I feel the S&P will only rise to 1220,...
Not over just yet.
The nasdaq comp made a high today of 2532.4 so there's a perfect double top. The S&P also has made a mini double top @ 1196. I have sold many...
Thank you! As ivanowich will tell you, I sometimes do make good points.
The nasdaq composite the most widely recognized closed at 2507.4. Index made a high of 2530-2535 in April so getting close.
Does anyone else see the clear double top on the DJIA ?
After all these years, it's time for me to follow the DJIA chart and give it the credibility it may deserve.
This did not turn out to be the case. Please oon't post every little thought you may have on this thread. Thanks.
This is true.
I never gave any real credibility to the DJIA, but that is a double top there at 11,250 now. A perfect double top between April and now. I...
I now believe the S&P tops out at 1200-1220 max --where the April highs were, and i'm itching to start a new thread entitled "The S&P has just...
Actually as the top is in the process of forming, volume is low. At the time the top is put in place, the volume picks up and is high.
Volume shrinking up is always a factor when markets form tops. It's my guess that the S&P will, at best, only make it back to the April highs....
Well said. What type of psycho needs 2 different aliases for the same thread ??!!
This joker also used the phrase "horse better". When I pointed out to him that it was spelled "bettor", he cried out like a little child. lol
agreed. I'm beginning to shift my thought here. Maybe the S&P will hit 1200. To me, that would be a headline grabber. Headline grabbers...
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