Well guys, if there’s any good news… we’re only about 400 Dow points away from the DIA FP now. So we shouldn’t have to wait too much longer I believe.
But, I don’t see it hit this year, as I expect the market to stay range bound for the rest of the year, with some small move down to close out long positions for tax purposes. But nothing big.
I suspect we’ll hit it in January sometime. Remember, we still have the Legatus Pilgrimage February 3rd-5th, 2011… so something might come out (false flag or wikileaks bank documents?) a little before or after that meeting.
While I’m still unsure if the meeting will still provide a turn date like it did February 4th-6th of 2010, I do believe the gangster will be making important decisions at the event that will affect the market.
So, it’s still worth watching. January should be a very interesting month, and we should keep our eyes out for new FP’s. I can’t catch them all. If you see one, be sure to screen capture it and email it to me please. Thanks…
Yes, I agree… about 1200 at the lowest I believe.
pull back!!!! to 1220 . 1200!! its not gonna be huge 1168 would be a gift. unless something brutal will happen but i doubt that
Ok, so you meant that you don’t know the pullback level, but you believe the top level to be about 1287 spx. I got ya…
it will pull back before going to 1287 spx!!! its on uper trnd line!!
Not sure I follow you? “pullback now in 3 weeks 1287″… that’s higher, not lower.
well hit my target!!! spx 1240!!! thats my top !! pull back now in 3 weeks 1287
The RUT is almost at 777 now… maybe that’s the top? Nah… I’m just trying to make something out of nothing.
Well guys, if there’s any good news… we’re only about 400 Dow points away from the DIA FP now. So we shouldn’t have to wait too much longer I believe.
But, I don’t see it hit this year, as I expect the market to stay range bound for the rest of the year, with some small move down to close out long positions for tax purposes. But nothing big.
I suspect we’ll hit it in January sometime. Remember, we still have the Legatus Pilgrimage February 3rd-5th, 2011… so something might come out (false flag or wikileaks bank documents?) a little before or after that meeting.
While I’m still unsure if the meeting will still provide a turn date like it did February 4th-6th of 2010, I do believe the gangster will be making important decisions at the event that will affect the market.
So, it’s still worth watching. January should be a very interesting month, and we should keep our eyes out for new FP’s. I can’t catch them all. If you see one, be sure to screen capture it and email it to me please. Thanks…
Bought NFLX (195) and FSLR (140) January 22nd 2011 Puts.
There’s always a bull and bear somewhere in this market.