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rally to spx 1300


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#1 dcengr

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Posted 16 March 2011 - 05:32 PM

Possible? Lets hear it.
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#2 thespookyone

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Posted 16 March 2011 - 05:49 PM

No. Not from here. But, oilmaggedon is looking better all the time.

Edited by thespookyone, 16 March 2011 - 05:50 PM.


#3 nimblebear

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Posted 16 March 2011 - 05:52 PM

IDK. is that what you have when there is a Bollinger Band crash ? A big bounce ? IF japan starts selling off its UST holdings, so they can have cash to rebuild, then US bonds and equities alike will be no place to hide. many say they wont ever do that. Never say never. Desperate times call for desperate measures. POMO Ben only knows one thing. More POMO. Anything happens. More POMO. I just don't understand how this liquifaction is helping anything present or future, and not simply just compounding our problems. Adding more debt, and debasing currency, and pulling more money forward from the future, takes away everyone's future.
OTIS.

#4 MikeyG

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Posted 16 March 2011 - 05:54 PM

1280ish is possible...

Edited by MikeyG, 16 March 2011 - 05:55 PM.

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#5 dcengr

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Posted 16 March 2011 - 06:04 PM

I say possible and my name isn't blustar!
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#6 Data

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Posted 16 March 2011 - 06:26 PM

if you want 50 point rally days, i think similar or larger down days are needed. remember the huge swings in 2008.

#7 dcengr

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Posted 16 March 2011 - 06:39 PM

My data says internals crashed. 50% retrace is the norm. With opex you know anything is possible.
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#8 porsche911sg

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Posted 16 March 2011 - 06:59 PM

My data says internals crashed. 50% retrace is the norm.

With opex you know anything is possible.

50-60% is highly likely.... than at 1306 or there about we sell short unless it breaks out from here.
The market catches almost everyone on the wrong side. We always seem to get fake break out before that huge dump or the hugh dump before the false break down! Trade Safe!

#9 colion

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Posted 16 March 2011 - 07:02 PM

Possible?

Lets hear it.


FWIW, the maxpain stuff is on your side:

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#10 dcengr

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Posted 16 March 2011 - 08:18 PM

Btw, if you are trying to buy for the rally.. I suggest you don't do it now because when it hits 1262-67, the bears will knock it down all the way back down to 124x... that's my guess.. prob before europe open.

Edited by dcengr, 16 March 2011 - 08:22 PM.

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