wow CL going to bring this thing back up.i am flat and watching dollar dropping hard that means oil and gold baby too many dynamics coming out of that jobs news..no rate hike till 2020 means weak dollar means strong oil means both strong oil and weak dollar = strong equities could go to 2000
WOW, I love SPXS, bought a little tiny bit at $21.90 but will be buying it in large amounts ifffffffff the s$p breaks above 2150++++ thats a huge IF, I owned SPXS around $19.15 and sold it all off at $19.30 after the close that Thursday afternoon August 20th, that monday AUGUST 24th I woke up it was skyrocketing, missed out on HUGE HUGE HUGE profits that day....
HOLD off on DWTI, I think they will take oil to $50+ ALL of the sudden energy is in favor and oil is looking like a huge buy, thats great, now gas will be going back up over $3.00 a gallon just in time for the holiday shopping season!!!! Perfect timing, greedy Fu$ks have nothing better to do than jump in oil and create this euphoria that its time to buy it up, here come the $75-$100 oil predictions, get ready for it!!!
if the s&p breaks back above 2150, then I'd figure we are looking at a 1999 type of spike move...that would imply NDX breaking those 2000 highs and going into some mega-parabola.
I have seen this market do crazy stuff, and it looks like it could go either way, Im just throwing that out there as a possibility, giving it a 10% chance!!! All I know is that if it does occur I will simply short everything, nothing has changed in the last 6 months to show the economy is improving....all wall street has is the fed and if the fed is so positive in their growth prospects they better start raising rates ASAP!!!!
surprised the dollar waited this long..end of a five day rally..not really helping equities since they have already ran so much..but probably will hold equities up from crashing for a while