my prognostication is that we have a big up opening for the year, followed by a surprise selloff (shakeout), and resumption of what I believe is a short-squeeze to new highs for this year. 2 years ago market tanked on the opening of the year, last year ppl were fearful and market rallied big. This year, it does both before it goes up
Hello my baby hello my darling hello my rag time gal. I am so confident these pumpers will rally this into the close I might just bye some more buy buy buy. Placing buy limit @ 12590.
Just average down, this market never goes down for to long. I can take quite a bit of heat before I suffer. I will bail at 2% account equity loss. That would be near 12400 with my current position. Do you really think the crooks are going to let the market fall during these important first days of trading, I think not, they need to sucker in all the dumb butts with their stupid January market sayings, I can see a line forming at Etrade for new trading accounts.
Fed will talk like the little pussy doves they are. Bernanke's is such a wimp, he wants a higher market and low rates so he can look like a genius.
So if we BOTH are correct in doing the math, your account is around 160K??? 3 cars x $5 x 220 pts x 50 (2%) = 165 000