Gotta love ZERO RISK in the SP500 = $$$

Discussion in 'Trading' started by makloda, Jan 27, 2007.

  1. It won't be. Tomorrow is a gap up and it will At minimum hit 570 on SPY and 490 on QQQ in May.
     
  2. Businessman

    Businessman

    If we include after market price action in ES as part of today highs, including the next few hours, technically it's 30th of April for a few more hours. He could still be right.

    Unlikely as the market is ripping higher.. but you never know..
     
  3. The futes are part of May 1st. Either way he will be wrong.
     
  4. nitrene

    nitrene

    Well gloating at 0600 in this market is not a good idea. As for tomorrow it could be the reverse of today. Open at the highs and go straight down.

    But like I said before this market will go as far as the top tech companies go. The top 11 tech stocks make up 39% of the SPX & AI isn't finished yet so my guess is the SPX goes higher.

    Nothing else really matters. Starbucks & Nike collapsing doesn't matter since they bet their future on China and lost. Crappy management at Boeing doesn't even impact the DJIA anymore. Even a collapsing UNH doesn't matter much.