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#1 salam

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Posted 28 December 2017 - 12:39 PM

Santa Rally appears to have come and gone..

 

Despite the tax break celebrations; upside volume is yet to materialise.

 

Tomorrow I think is very key. Most likely we see a gap and go to ATH for new year.

 

Am expecting a few more days of chop then a down January.

 

I'm almost certain (which is scary in it self) that Trump will not be having a good 2018, and the political turmoil that results will keep the correction going. Summer Rally then mega tank into the mid-term elections

 

Thats my Fearless Forecast

 

Happy New Year TT Board!

 

 


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#2 salam

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Posted 28 December 2017 - 12:51 PM

ps Summer Rally to multiyear ATHs (as corporation tax benefits kick in...every one including Bitcoin Buyers will be mega bullish then)!


I'm not sure what my future holds... But I know who holds it.

#3 SemiBizz

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Posted 28 December 2017 - 01:31 PM

Pretty clear by the signals we're getting from the oil complex and copper, as well as the Trannies....

 

The boyz are planning an INFRASTRUCTURE rally...

 

Something they can extend into the mid-terms...

 

After that, we still have that nagging statistic...

 

"Every GOP President has a recession is his first term..."

 

If cycles rule, then Late February or Early March can end it in this first quarter...

 

And if not, then it could drag on into November...

 

Yuckkkk....


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#4 alexnewbee

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Posted 28 December 2017 - 01:50 PM

Good Salam. Same my thought - rally ìnto 2-3 January, then selling till beginning of Feb. Then breathtaking rally into summer. Then.. Well, we will see then ;)
"we do G.d's work" Lloyd Blankfein

#5 da_cheif

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Posted 28 December 2017 - 02:09 PM

Santa Rally appears to have come and gone..

 

Despite the tax break celebrations; upside volume is yet to materialise.

 

Tomorrow I think is very key. Most likely we see a gap and go to ATH for new year.

 

Am expecting a few more days of chop then a down January.

 

I'm almost certain (which is scary in it self) that Trump will not be having a good 2018, and the political turmoil that results will keep the correction going. Summer Rally then mega tank into the mid-term elections

 

Thats my Fearless Forecast

 

Happy New Year TT Board!

 

....big players allways bag out for the holidays......if you recall dec 86     went straight sideways   ....this time opening gaps end up giving day traders nothing.....

 

 



#6 redfoliage2

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Posted 28 December 2017 - 02:20 PM

This market is holding here for the time to come in just a couple of days.  I see real selling will start with the new year - a deferred selling on the news.


Edited by redfoliage2, 28 December 2017 - 02:26 PM.


#7 da_cheif

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Posted 28 December 2017 - 03:35 PM

This market is holding here for the time to come in just a couple of days.  I see real selling will start with the new year - a deferred selling on the news.

ur not wattching the sky i c......to bad



#8 redfoliage2

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Posted 28 December 2017 - 04:49 PM

Pretty clear by the signals we're getting from the oil complex and copper, as well as the Trannies....

 

The boyz are planning an INFRASTRUCTURE rally...

 

Something they can extend into the mid-terms...

 

After that, we still have that nagging statistic...

 

"Every GOP President has a recession is his first term..."

 

If cycles rule, then Late February or Early March can end it in this first quarter...

 

And if not, then it could drag on into November...

 

Yuckkkk....

 Where the money will come from with the tax cut?   There will be a tough fight in the Congress on the debt limit on January 19..........



#9 ryanoo

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Posted 28 December 2017 - 07:33 PM

 

Pretty clear by the signals we're getting from the oil complex and copper, as well as the Trannies....

 

The boyz are planning an INFRASTRUCTURE rally...

 

Something they can extend into the mid-terms...

 

After that, we still have that nagging statistic...

 

"Every GOP President has a recession is his first term..."

 

If cycles rule, then Late February or Early March can end it in this first quarter...

 

And if not, then it could drag on into November...

 

Yuckkkk....

 Where the money will come from with the tax cut?   There will be a tough fight in the Congress on the debt limit on January 19..........

 

The projected cost of Bush's 2004 tax cut was $27.3B from 2005 to 2014; actual cost was over $90B.  That's more than 3 times.  Back then they took much longer in planning.  This time, probably much more and bigger loopholes.  If the $1.5T projected 10yr-debt becomes $4.5T debt, maybe we should all forget about Social Security income and Medicare in retirement unless it's repealed quickly.



#10 salam

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Posted 29 December 2017 - 07:27 AM

Da Boyz are on cue for a nice pre market ramp to take 2700 and Dow to hit 25k in market hours
I'm not sure what my future holds... But I know who holds it.