Touch 1320 by Friday ???

Discussion in 'Trading' started by Nine_Ender, Jan 13, 2011.

  1. Nine_Ender

    Nine_Ender

    I think we do a little mini-rally from here to 1320 on the S&P 500.
    Crossing 1300 probably triggers some short covering. If not Friday then next Wednesday.
     
  2. candles

    candles

    1320 by Friday is likely, but I dont like to put time limits on things.
    However, 1320 is a CERTAINTY at some point, and probably within a few weeks. Who knows.
    I always Play the natural upside tendency of the ES market. Buy dips. You have some very very powerful people on your side!
     
  3. Tsing Tao

    Tsing Tao

    think thats a bit silly, but who knows? pomos are free and plentiful. only two trading days in the next month with no fed gifts.
     
  4. Nine_Ender

    Nine_Ender

    A 3% rise during earnings season is "silly" ? Maybe on this site, but not in reality. I know, 10% drop predictions are popular here, so my 3% up prediction is absolutely "silly" in a bull market testing new highs :D .