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Up or down depending on what the Fed president will say today


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#11 da_cheif

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Posted 27 August 2021 - 09:53 PM

I expect SPX to reach 45,678. But shrewdly I will not stipulate the date on which SPX will reach that number.

Hahaha no one can prove me wrong. But seriously, I can not see any reason for a massive correction before 

the FED has a massive change in easy money operations. So not next week, or not before next 2 full moons.

as rates rise so will the stock market......in 81 or 80 when rates went to 21%   the market exploded and market observers were dumb founded



#12 K Wave

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Posted 28 August 2021 - 09:33 AM



 



I expect SPX to reach 45,678. But shrewdly I will not stipulate the date on which SPX will reach that number.

Hahaha no one can prove me wrong. But seriously, I can not see any reason for a massive correction before 

the FED has a massive change in easy money operations. So not next week, or not before next 2 full moons.

as rates rise so will the stock market......in 81 or 80 when rates went to 21%   the market exploded and market observers were dumb founded

 

Simply not true.

 

Market did not blast off until Aug 82, right at the same time Rates broke down from a huge top. Literally the same week ending 8/16/82

 

Lu Ya Cheif, but just keeping it real.....

 

10 year yield

 

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Dow

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#13 redfoliage2

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Posted 31 August 2021 - 10:44 AM

ST top here.  Selling is in the cards for the afternoon   .................


Edited by redfoliage2, 31 August 2021 - 10:48 AM.


#14 redfoliage2

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Posted 31 August 2021 - 12:15 PM

BTW, SPX daily AD topped yesterday and it's usually followed by a pullback in SPX price ................................


Edited by redfoliage2, 31 August 2021 - 12:19 PM.


#15 redfoliage2

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Posted 01 September 2021 - 09:29 AM

SPX and NAZ running into heavy resistance here.  I see overnight gap-ups created by nightly monkeys are more likely to be sold by funds in Sept  .........................


Edited by redfoliage2, 01 September 2021 - 09:35 AM.


#16 12SPX

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Posted 01 September 2021 - 09:40 AM

Hmmmm arent they called pajama traders, don't you think its kinda racist against monkeys lol!!!  We need a laughing emoji on here lol!! 



#17 redfoliage2

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Posted 01 September 2021 - 01:54 PM

It's Sept again.  Now with the market at a vulnerable level beware of big gap-downs instead gap-ups from here.....................


Edited by redfoliage2, 01 September 2021 - 02:04 PM.