Have we seen the Market High for the year?

The Risk Aversion Indicator, represented by the NDX : Dow Ratio
would confirm this.

Michael B.

 

"This is a stupid poll.....shut up ES" ??

LMAO!

Too funny!

I scalp, long(er) term trade, chart trade, news/data trade, macro/micro economic event(s) trade, short term trade... so whatever the market/stock market does don't really matter 'cause I got a trade for it.



Good poll! (no, I didn't vote - //shrug//)

Gamal

 

Be a good ET citizen ....go ahead vote....lol pick the last one if your choice is not there, I can take it.....Here let me do it....I voted!!!!

Michael B.

 

So someone agrees.....


(but I won't shut up ....hehehehe)

Michael B.

 

Have we seen the Market High for the year?
No.

 

Hey E.S.


I don't believe that anybody can say for certain that we have put in a mkt top. I believe that the mkt is still in a downdraft and we will see lower levels this week but that does not mean that we won't shoot back up and close at 1180.00 in the ES?


just my 2cents worth.

T-REX

 

Hello T-man....

Did you vote?

Michael B.

 

Hoho, far from it... 100% up room to go!

 

So far I need to shut up and we have not seen the high for the year.

Michael B.

 

No,there is still more stimulous to come. In my opinion we'll top out between 11500 and 12000 in sept. or oct.,This top will coincide with the realization that this year+ rally was artificially induced by all the stimulous and that additional stimulous (lots more)will be required to keep this humpty dumpty economy from falling of the wall.goodluck.