the stock market - part #27

[trioderob]

any of you guys want to make a prediction ????

I have SPX500 2108 as a major resistance point and am on the side lines at the moment

[trioderob]

important moment in the market right here - hold onto your butts

 

Dean - you still out there somewhere ???????

Edited April 28, 2016 by trioderob

[RedRabbit]

The advance-decline line has been hitting new highs so I think SPX likely will soon too. Fundamentally I'm not too bullish since the fed is tightening monetary policy. Historically that hasn't gone over well for the market, but this time the fed is tightening so slowly I think we might see a slow grind higher.

[trioderob]

not me - I think we go down

[trioderob]

and down we go .........clunk

[RedRabbit]

We really aren't down much. We could see 1,950 spx and my outlook really wouldnt change.

[trioderob]

we are at the same price as 1 1/2  years ago dec 2014

Edited May 4, 2016 by trioderob

[trioderob]

and  down we go again .....

[RedRabbit]

12 hours ago, trioderob said:

and  down we go again .....

Closed higher.

You're short?

[trioderob]

3 times is a charm

 

this market has been banging its head at around 2108 on the SPX500 and failed over and over

watch that number

[RedRabbit]

Yeah, low 21xx range is significant... Great day so far today though. 

[trioderob]

and down we go again................

[trioderob]

hold onto your butts

[RedRabbit]

We are headed higher, don't miss out on the upside!

[trioderob]

never did break spx 2108

on the other hand the bearishness is off the charts

[RedRabbit]

We are at 2090, how is that bearish?

[trioderob]

how much are we up in the last year and 3 months on the large caps ?

how much are we up in the last 2 and a half years on the small caps ?

lets flip this - what is bullish about the market right here and now ?

Edited May 27, 2016 by trioderob

[RedRabbit]

2,105

[trioderob]

i know - hold onto your butts.

the market is starting to expect no rate increase from the fed.

if that holds true than up we go

Edited June 7, 2016 by trioderob

[RedRabbit]

We're just melting higher at this point. We passed 2,108, hope you're making money from this. 

[trioderob]

I am

[RedRabbit]

9 hours ago, trioderob said:

I am

Glad to hear that! 

[trioderob]

Dean-

you still around- you ok ?

[Dypsisdean]

Yep & Yep

[Pedro 65]

The Stock exchange  in the US and Kuala lumpar maybe the "best" place for 10's of 1000's of Ameicans and Malaysians  to PROTEST again the Palm Oil, whoever controls this eveil beast...Nothing like People power to get the ball rolling, beats letters n emails. that my 2cents..

Far NTH NSW didnt allow gas fracking because of people power..   Pete 

[RedRabbit]

There's a lot riding on the Brexit vote at the moment...

[RedRabbit]

Looks like Brexit is really happening... Tomorrow could be remember as Black Friday. S&P futures down 75, but the real carnage will be in Europe. 

[trioderob]

we may have just entered a major bear market - next week is the tell

[Pedro 65]

Apparently there's load$ into cutting down Virgin rain forest and planting Palm Oil. 

[trioderob]

ok so now we are down another 2% - the market punished those who were on the sidelines waiting  with baited breath for the vote  -  who thought they had just gotten the deal of a lifetime

Edited June 27, 2016 by trioderob

[trioderob]

market went right to my 2108 number and failed today - again

[trioderob]

and did it again today too