How Many Up Days in May for Dow?

Discussion in 'Trading' started by verbotenlaandia, May 2, 2007.

How Many Up Days in May for Dow?

  1. Less than 5

    2 vote(s)
  2. 5-10

    10 vote(s)
  3. 11-18

    12 vote(s)
  4. 19+

    12 vote(s)
  1. Less than 5: it's all over, this month the complacency catches up

    5 to 10: we see a normal sized pullback from the run we've been on

    11 to 18: the good times continue!

    19+: we keep going up day after day, simply because that's what happened in April, and everybody is convinced that we're in a new market paradigm where it's impossible to pay too much for anything.
  2. S2007S


    im going with 11 to 18 but bring the 18 down to 11-15.
  3. mde2004


    I say at least 15.
  4. more than 19
  5. I'd go with a million because if there were a million days in May the dow would be up on all of them! How's that for my CNBC audition tape?
  6. I would say 20-22 more up days until we get stopped brutally by a 7 or 8 point sell off!!!!! Don't panic when it happens!!! :p
  7. S2007S


    closing up above 13300 today...
  8. The DOW is simply amazing

    30 companies that always go up

    Maybe you wul get even better performance if you buy only the top 10 performing dow stocks
  9. Not sure if you can do it with 10, it seems that every day there is another totally hated garbage company which suddenly comes out with surprise earnings (IBM, TWX etc. lol) or gets a hint it might be worth more when it would break up (GE). You need enough previously hated stocks for this to happen and last for a while.
  10. S2007S


    exactly, every day there is another dow stock jumping 2-3%. HON has been straight up for the last 3 months, up over 23% on the year already.

    GE nearing 52 week highs after sleeping for the last 5 years. GE is a joke, the stock hasnt moved, all of sudden they talk about selling some things off and the company jumps 5%.

    BA looking to go to 100+

    VZ finally breaking 40+

    MSFT nearing 52 week high as well

    AXP straight up

    MMM looks like its going straight to 100.

    This market is amazing, I guess you do buy the 5-10 point pullbacks on the DOW, only way to take advantage of any pullback.
    #10     May 2, 2007