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New Highs.....


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#1 RagingSpartan

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Posted 30 June 2020 - 08:11 PM

Sooner than most think



#2 pdx5

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Posted 30 June 2020 - 08:40 PM

New highs for SP500 may be 5-6 months away...depending on election results.

Covid-19 has too many imponderables remaining.

Nasdaq highs can be much sooner.

DJI with only 30 stocks which are changed often is a meaningless index.

Today's DJI has none of the 30 stocks when I began trading.


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#3 da_cheif

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Posted 30 June 2020 - 08:48 PM

5 or six months????      hahahahahaha   trump by a landslide


Edited by da_cheif, 30 June 2020 - 08:51 PM.


#4 Dex

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Posted 30 June 2020 - 09:42 PM

Sooner than most think

 

Considering the age of many of the posters here sooner needs to be in this year.

 

We just did the first V in a W, so I don't think it will happen this year.


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#5 pdx5

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Posted 30 June 2020 - 09:55 PM

5 or six months????      hahahahahaha   trump by a landslide

Cheif, the election is more than 4 months away. So 5 months sounds about right.


"Money cannot consistently be made trading every day or every week during the year." ~ Jesse Livermore Trading Rule

#6 redfoliage2

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Posted 30 June 2020 - 11:16 PM

 

5 or six months????      hahahahahaha   trump by a landslide

Cheif, the election is more than 4 months away. So 5 months sounds about right.

 

I see SPX new highs within two months....................


Edited by redfoliage2, 30 June 2020 - 11:16 PM.


#7 Darris

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Posted 30 June 2020 - 11:24 PM

New Highs for years to come.  NASI thrust projects years of price advancement.  Unlike 1999 Bubble. (also, side note, we are up 3% on the week so far on AAII reading from last week around 25 again.  NFP gave 100 pts up last month)  

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#8 12SPX

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Posted 01 July 2020 - 08:13 AM

Look at that bullishness, its easy being a bull of course yes.gif  which I love to see lol!!  I prefer being neither mind you and just and trade the market!



#9 Darris

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Posted 01 July 2020 - 09:04 AM

There are plenty of Bears fueling the advance.  SH over 130 mil added the last 5 days as well.  Relative FEAR meter at 4.6% Bullish last Friday cls or 95.6% Bearish.  The algos already learned what to do before NFP from last month.  

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#10 12SPX

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Posted 01 July 2020 - 09:10 AM

I look more at options and they were pretty even Monday but past two days way tooooo bullish.  I would like to hear why da chief thinks Trump will by a landslide though!