S+P testing the ATH . while GS is up 10 pts near resistance. probably a good time to bail..
all time high---
Started by
pisces
, Feb 03 2017 11:17 AM
11 replies to this topic
#1
pisces
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Posted 03 February 2017 - 11:17 AM
#3
fib_1618
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Posted 03 February 2017 - 11:49 AM
i'm not bailing.
As several are learning now, it's all in the price bar as it relates to volume....this never changes.
Fib
Better to ignore me than abhor me.
“Wise men don't need advice. Fools won't take it” - Benjamin Franklin
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Demagogue: A leader who makes use of popular prejudices, false claims and promises in order to gain power.
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#4
pisces
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Posted 03 February 2017 - 11:56 AM
and forgot to mention its FRI Afternoon .
#5
tsharp
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Posted 03 February 2017 - 12:13 PM
FWIW, this could get tricky if this interpretation is correct... happy Friday to all!
Link to SP00 240-min chart: https://postimg.org/image/gcfqmkgk9/
#6
pisces
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Posted 03 February 2017 - 01:05 PM
Hi , i think this has a very good chance to play out, a lot of things fit,including seasonality . even if we get close to 2325 and end up with a flat.
#7
Chilidawgz
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A fool and his money... (the second mousie gets the cheese)
Posted 03 February 2017 - 01:24 PM
S+P testing the ATH . while GS is up 10 pts near resistance. probably a good time to bail..
Why would you exit a bull market?
Anything can happen...what's happening now?
No one can forecast the future. No one.
All stocks (ETF's) are BAD...unless they go up - William O'Neil
When The Time Comes To Buy or Sell, You Won't Want To - Walter Deemer
#8
lawdog
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Posted 03 February 2017 - 01:45 PM
S+P testing the ATH . while GS is up 10 pts near resistance. probably a good time to bail..
Why would you exit a bull market?
I have exited many times and was glad I did. But not now.
#9
tsharp
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Posted 03 February 2017 - 02:29 PM
Hi , i think this has a very good chance to play out, a lot of things fit,including seasonality . even if we get close to 2325 and end up with a flat.
FWIW, I was the solo vote that an ST low will be established at this range and we go back upward to the ~2500 range, so I suggest the market is still LT and IT bullish.
#10
lawdog
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Posted 03 February 2017 - 03:49 PM
Hi , i think this has a very good chance to play out, a lot of things fit,including seasonality . even if we get close to 2325 and end up with a flat.
FWIW, I was the solo vote that an ST low will be established at this range and we go back upward to the ~2500 range, so I suggest the market is still LT and IT bullish.
Your statement reminds me of Blazing Saddles scene where Sheriff Bart tells the Waco Kid that he, the Waco Kid, could die from all the alcohol he was consuming, and the Waco Kid famously replied, "When?"
