Will the S&P hit 1300 in February?

The dow broke out on an inverted H and S and will drag everything up with it.


http://stockcharts.com/def/servlet/SC.web?c=$INDU,uu[h,a]daclyyay[dc][pc20!c50][vc60][iUb14!La12,26,9]&pref=G

The S&P broke out of it's channel last week also.

http://stockcharts.com/def/servlet/SC.web?c=$spx,uu[h,a]daclyyay[dc][pc20!c50][vc60][iUb14!La12,26,9]&pref=G

 

I see what you are refering to but an additional pattern has also taken shape- i f you'd be so kind as to have a peak at the attachment.

 

and with the S&P @ 1287.2, I still say that it won't top 1300 in February.

 

just checking for another ill-advised rah-rah post when the S&P topped out @ 1292 this morning

 

I know you made very good calls previously and this call was good too. But right now 1300 looks like a piece of cake. May be we can touch it today if buyers show up in last 30-45 min. if not they still have one full week ( 5 business days ) to do that. It is only 15 more points to go.

 

That's why it will be so sweet when it doesn't get there.

 

yeah but if it does the gay stalker will never shut up

 

Five days to go , Nigerian troubles, CPI likely higher, Durable orders forecast lower- doesn't look like it, but you never know.

 

Who cares about feb, I am long ES here at 1285 and looking for an easy 1300+ in march if not sooner.

 

what a joke !! gs says he's long here, yet doesn't care about Feb trading ?!?!

try trading real money bozo, and you may then care about the next week.