S&P looks good to a new high

As I said on another thread, GOLD is ramping up. Now it might just mean end of month stuff but I believe there is abnormal buying of gold related instruments lately. The question is whether fund managers are going to sell off stock in a big way to buy back in future. The naz is really strained right now.

 

Yes, yes. And the people need to loosen up around here.

 

I think you should include one more option in the vote: "Do you care if the S&P goes to a new high?"

 

Los lobos! Que pasa, tios?

 

Your calls would be much "finer" is you addressed the "where" and "when" along with the "will". I believe that one day the DOW will be at 20K. Where?...who knows. When?...maybe when I'm in the nursing home eating apple sauce.

 

are you related to Joey or Dee Dee Ramone?

 

No...but I did meet him in his apartment on 3rd Ave & 14thSt in NYC in 1993. A buddy of mine knew him quite well, and we dropped by to say hello. The second the door opened, an odor that seemed like a combination of vomit, beer and JD hit us in the face.

I don't want to be "sedated" Thanks to you...I will now have that song in my head for a while.

 

are telling the truth. That is around the time they played at what is now Webster hall. So you have the right neighborhood.

 

If you don't care whether the S&P goes to a new high, then you are not a "real trader".

 

Can you explain why you believe this to be true?

Do real traders only make their money on multi-week directional bets on the overall market?