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SPX WEEKLY POLL


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Poll: SPX WEEKLY POLL (37 member(s) have cast votes)

Does the SPX close higher or lower next week?

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#1 bighouse1006

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Posted 27 August 2010 - 04:46 PM

None

#2 pedro

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Posted 27 August 2010 - 07:06 PM

Down hard early, then a bottom and up. Neutral for the week.

#3 orange

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Posted 28 August 2010 - 12:17 PM

Wow ... Are there really that many bearish people on this board after last weeks washout? Only 4 bulls and 18 bears at the time I've peeked at the poll. I would figure at least a week of consolidation would be warranted before we continue to fall

"When your position is underwater, average down" - Professional Trader


#4 arbman

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Posted 28 August 2010 - 12:27 PM

Yeah these numbers are a bit absurd, I think Friday's dramatic action left a traumatic print in people's minds that the markets are really at the edge of the table... There will be a test of the lows eventually though, if not more. Th flight to quality may actually continue for another month, people are generally afraid of Octobers...