Will the S&P hit 1300 in February?

thanks for marking the low today

 

Looks like Pekelo has done it again...

 

100% up room to go!!
$$$



best quote ever

 

Day is not over yet. Stock mkt is the game of probabilities. So lets see in the afternoon. PPT, mom and pop buyers are always there to keep this mkt going.

 

The Dow has only closed above 11000 twice on a monthly basis. Feb close important, I see a selloff coming. Furthermore, if the Dow can't breakout to new highs it leaves many support levels vunerable in the next bear market.

 

These two charts could give us a clue.

 

and this

 

no, thank you for capping the high.

 

I bucked the long odds, and I was right again! Incredible.

 

I'll give my two cents worth....If we open higher tomorrow, we will certainly "touch" 1300....Maybe slightly higher but, I'd watch the open.....:

Lower open; I say 1279.1280 on the bottom....
Maybe 1300.5 on the top... just a guess