How about a dead pool. 1) If we don't touch 1500 SPX then you kill yourself. 2) Alternatively, we can post our wagers here. Either put up some cash or choose option number one.
Ain't that the truth but forget buying under 1000 -- short it all the way down there! This current market sucks unless you buy and hold. Every day it's basically gap and die. The intra-day movement blows. I made more money in 2008 than 2009 and 2010 combined. Down markets generate volatility in both directions and opportunities are plentiful. Nowadays, you gotta be in well before the opening bell but that's a market that can be played as well. You just gotta adjust your strategy. 1500? 1000? Who cares, just let the market move. Point well taken, however.
atti, did you get roasted on some major position over the past 6 months? You are as agressive as a fighting pitbull that has not eaten for a week.
19% gain for 2011 ? History is on the market's side http://www.safehaven.com/article/19400/the-third-year-of-the-presidential-cycle Anyone else see the multi year H&S if we were to get back to 1500 cash and make the right shoulder ?
If we touch 1500 and gas hits $5 and all the other bullshit fallout inflation from these scorched earth policies, many people will want to end it all.
The way I see it... If a major institution comes out with a major call and disseminates it to the masses, it's actually a good bit of information (if you're able to decode it that is). http://www.elitetrader.com/vb/showthread.php?s=&postid=2373955&highlight=goldman+sachs#post2373955