Jump to content



Photo

SPX projected target 1680 by the end of the year


  • Please log in to reply
30 replies to this topic

#1 A-ha

A-ha

    Member

  • Traders-Talk User
  • 5,875 posts

Posted 17 March 2008 - 09:27 AM

we dropped two sand bags... BSC LEH ... Joe Blow became a true bipolar bear that should last for a whole year. Rates will drop to a level that stupid liquidity should mindlessly pour into the market place again... We are having recession that will put a pressure on commodities which sucked the big load of cash out of the market. Market rallies in recession too. There are many examples to this. All you need is extra stimulus. As you all know I was the only one calling for a crash before all this happened. A while ago, I saw the fact that you can not have a crash with a massive short ratio... Yeah lets all make money ! :lol: In the last few weeks, especially last week, market had a chance to test 1035 but the system is clogged. Meanwhile we have no bad news left , I do not know what will put this market down if these didnt. Next is LEH bros and market knows it.

#2 NAV

NAV

    Member

  • Traders-Talk User
  • 16,087 posts

Posted 17 March 2008 - 09:45 AM

A-ha, First you were calling for a 100-200 point rally. Then it was 200-300 point rally. Now it's 400 point rally. As the market keeps dropping, these projections keep getting larger. How do you arrive at these projections?

"It's not the knowing that is difficult, but the doing"

 

https://twitter.com/Trader_NAV

 

 


#3 Iblayz

Iblayz

    Member

  • TT Patron+
  • 1,033 posts

Posted 17 March 2008 - 09:46 AM

On the other hand the shorts seem to be fearless. The short interest on SPY, which is now the prefferred trading vehicle (by volume), was only 52.5% of the float as of the 29th.

#4 Wavetimer

Wavetimer

    wavetimer system

  • Traders-Talk ~
  • 1,533 posts

Posted 17 March 2008 - 09:51 AM

we dropped two sand bags... BSC LEH ...

Joe Blow became a true bipolar bear that should last for a whole year.

Rates will drop to a level that stupid liquidity should mindlessly pour into the market place again...

We are having recession that will put a pressure on commodities which sucked the big load of cash out of the market. Market rallies in recession too. There are many examples to this. All you need is extra stimulus.

As you all know I was the only one calling for a crash before all this happened. A while ago, I saw the fact that you can not have a crash with a massive short ratio... Yeah lets all make money ! :lol:

In the last few weeks, especially last week, market had a chance to test 1035 but the system is clogged. Meanwhile we have no bad news left , I do not know what will put this market down if these didnt. Next is LEH bros and market knows it.

REALLY I QUESS MY FOR THE RECORD 12/26 POST FOR A CRASH AND THEN RALLY TO 1650 TO 1710 MUST HAVE BEEN MISSED BY YOU !!! ONLY ONE

#5 skyymaster

skyymaster

    Member

  • Traders-Talk User
  • 1,443 posts

Posted 17 March 2008 - 09:54 AM

No Wonder our Financial System is screwed UP :lol: Screw the people that own equity while somehow lift the indicies to make the illusion that all is ok. This make Dave Copperfield look like an amature. :D
People should not be afraid of their governments. Governments should be afraid of their people.

Remember this day, men, for it will be yours for all time.

#6 A-ha

A-ha

    Member

  • Traders-Talk User
  • 5,875 posts

Posted 17 March 2008 - 09:55 AM

A-ha,

First you were calling for a 100-200 point rally. Then it was 200-300 point rally. Now it's 400 point rally. As the market keeps dropping, these projections keep getting larger. How do you arrive at these projections?



Because I am not bipolar momo trader. I change with the market conditions. I am neither a momentum trader nor ewave palm reader.
When you and other millions were bullish at the top , I was making bear market calls , sometimes crash posts. I am seeing the opposite now. Regarding my projected target, it took me all night to find out, it will take me hours to explain here.

Edited by A-ha, 17 March 2008 - 09:57 AM.


#7 SemiBizz

SemiBizz

    Volume Dynamics Specialist

  • Traders-Talk User
  • 23,208 posts

Posted 17 March 2008 - 10:01 AM

If you are that sure, why aren't you adding to positions?
Price and Volume Forensics Specialist

Richard Wyckoff - "Whenever you find hope or fear warping judgment, close out your position"

Volume is the only vote that matters... the ultimate sentiment poll.

http://twitter.com/VolumeDynamics  http://parler.com/Volumedynamics

#8 arbman

arbman

    Quant

  • Traders-Talk User
  • 19,504 posts

Posted 17 March 2008 - 10:07 AM

I guess the system will be clogged with bulls and the 400 points projection won't be hit either, just like your 1035 projection. The fact of the matter is you make these almost panic calls in either direction while the market reaches somewhere logical in between, talk about bipolar...

#9 IndexTrader

IndexTrader

    Member

  • TT Patron+
  • 7,694 posts

Posted 17 March 2008 - 10:12 AM

Just be sure to come back at the end of the year and update us as to what went wrong with this ridiculous projection. :lol: IT

#10 nimblebear

nimblebear

    Welcome to the Dark Side !

  • Traders-Talk User
  • 6,062 posts

Posted 17 March 2008 - 10:15 AM

May not be out of the question if the dollar is trading around 50 or 60. ;)
OTIS.