Weekly Poll: Dow Up 8 Weeks in a Row. Implications for the market?

Discussion in 'Trading' started by shortie, Jan 22, 2011.

SPY Next Week?

Poll closed Jan 29, 2011.
  1. Bullish

    16 vote(s)
    39.0%
  2. Flat

    4 vote(s)
    9.8%
  3. Bearish

    18 vote(s)
    43.9%
  4. I prefer to keep my opinion to myself or don't have one

    3 vote(s)
    7.3%
  1. noddyboy

    noddyboy

    I see -- so he didn't really turn bearish. You gave me a scare.

    Relentless selling so far today.
     
    #61     Jan 28, 2011
  2. that was a beautiful call! Qs already <55.80
     
    #62     Jan 28, 2011
  3. noddyboy

    noddyboy

    If selling keeps going, would a flash crash be possible at some breaking point?
     
    #63     Jan 28, 2011
  4. Bowgett

    Bowgett

    It is possible but I would not bet on it. Too many people are expecting it.
     
    #64     Jan 28, 2011
  5. S2007S

    S2007S

    OIL
    89.26 3.62 +4.23%


    I was hoping for a continued downward trend to get at least some relief at the gas pump, but I guess that's not going to happen. Paid about $3.50 last time I got gas!!!
     
    #65     Jan 28, 2011
  6. S2007S


    Registered: Aug 2006
    Posts: 12080


    01-27-11 06:59 PM

    The week isnt even done yet and Im calling for 9 straight up weeks in a row!!!

    Tonight earnings from AMZN and MSFT should give a boost to the nasdaq yet again, no need to sell, SPX should close tomorrow above 1310 and move ever so close to 1350!!!!


    Edit/Delete • Quote • Complain

    Nice call!!!!
     
    #66     Jan 28, 2011
  7. oil stocks ~ flat despite the general market sickness. the crude jump must be the explanation.

    this suggests that the possibility of a major market correction is still ignored by the market participants otherwise the oil stocks would have been hit.
     
    #67     Jan 28, 2011