LOOK AT THIS CHART - all you predicting mofos, what will SPY do next?

Discussion in 'Trading' started by 1a2b3cppp, Mar 10, 2011.

What's it gonna do?

  1. It's gonna go down

    30 vote(s)
    35.3%
  2. It's gonna go up

    32 vote(s)
    37.6%
  3. I'm not an ET guru and I can't predict price direction. Sorry, I'm not selling a trading course via

    23 vote(s)
    27.1%
  1. There need to be more choices in the poll. Markets go up and down every day; there needs to be some kind of timeframe or limiting conditions.

    Will markets be higher in 30 years? Probably. In 6 months? Who knows. In two weeks? Depends (according to my "guesstimate") on whether today's lows hold for the next couple of days.

    If you can accept some degree of risk, you can place a bet that will position you to profit even if you don't know the outcome.
    For instance, you could place a bet that gives you a maximum loss of 1% but an unlimited potential gain. You don't know what headlines will come out overnight so of course you don't know what will happen, but you can be positioned to profit in the event that your best guess turns out to be correct.
     
    #41     Mar 14, 2011

  2. .....go on....
     
    #42     Mar 14, 2011
  3. ET70424

    ET70424

    Here are recent samples (15,000+
    stocks covered):
    j.mp/eXJE3g

    If you want the latest, PM me.
     
    #43     Mar 14, 2011
  4. wait are you talking about that guy who posted on here a few years back who would show "tomorrow's chart today" or whatever for the ES? He was scary accurate sometimes.

    And sometimes way off.
     
    #44     Mar 14, 2011
  5. Most immediate trend (since ET loves to talk about trends yet no one can tell exactly what defines a trend) or some large spike (up or down) even if it's followed by chopping for a while. Either of those situations are what we are predicting in this thread.
     
    #45     Mar 14, 2011
  6. ammo

    ammo

    played out
     
    #46     Mar 16, 2011
  7. fad2171

    fad2171

    I agree with your thoughts. I am a tech anayst for 20 years.Nothing fool proof but its a good road map
     
    #47     Mar 16, 2011
  8. Bob111

    Bob111

    here you have it..back where it was
     
    #48     Mar 30, 2011
  9. fad2171

    fad2171

    Thank You QE 2
     
    #49     Mar 30, 2011
  10. #50     Mar 30, 2011