Price targets: 1420-1450
#1
Posted 21 July 2011 - 10:21 AM
#2
Posted 21 July 2011 - 11:08 AM
#3
Posted 21 July 2011 - 11:14 AM
Edited by einscodek, 21 July 2011 - 11:15 AM.
#4
Posted 21 July 2011 - 11:18 AM
I think we will see 1200 before 1400.. if we do clear 1400, our econ is in real BAD trouble (I mean REAL BAD) .. its pretty bad already
How does a bullish event such as hitting 1400 imply our economy is in bad trouble ?
"When your position is underwater, average down" - Professional Trader
#5
Posted 21 July 2011 - 11:20 AM
Not obvious to me... You got special crystal ball?
DO YOUR OWN DUE DILIGENCE.
I am known to be wrong at some of the important market turns.
I was expecting a market top in 2007, but I was still expecting higher in October of 2007, but the market had a new high back then.
I think we will have a new high, a terrible new high actually in breadth and leadership perhaps.
Very Best.
#6
Posted 21 July 2011 - 11:49 AM
I think we will see 1200 before 1400.. if we do clear 1400, our econ is in real BAD trouble (I mean REAL BAD) .. its pretty bad already
How does a bullish event such as hitting 1400 imply our economy is in bad trouble ?
QE3 .. in nominal terms everybody loses
#7
Posted 21 July 2011 - 12:25 PM
#8
Posted 21 July 2011 - 12:25 PM
Not if you're long.QE3 .. in nominal terms everybody loses
Fib
Better to ignore me than abhor me.
“Wise men don't need advice. Fools won't take it” - Benjamin Franklin
"Beware of false knowledge; it is more dangerous than ignorance" - George Bernard Shaw
Demagogue: A leader who makes use of popular prejudices, false claims and promises in order to gain power.
#9
Posted 21 July 2011 - 12:41 PM
klh
#10
Posted 21 July 2011 - 12:45 PM
I think we will have a new high, a terrible new high actually in breadth and leadership perhaps.
Hedge fund leader John Paulson has told investors that he is turning bearish in his main portfolio, according to headlines that appeared on CNBC Thursday afternoon. Paulson said he has lightened his position in financial stocks that have heavy mortgage exposure, according to CNBC. Additionally, Paulson said he shorted the euro as a hedge against the debt crisis in the European Union , a CNBC headline said.
Maybe the big guys are giving us little guys a head fake? I suspect the 3 peaks and dome chart may reflect Paulson's move a month after Soros?
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