Let’s speculate and say we are at 990 on OCT 16th, with the elections 2 weeks away, all the polls confirm, the republicans will capture the house…Do you really want to be short during OCT earnings season? That’s all I’m trying to say.
REd LOL how many times have you posted this picture and headline? LOL I have lost count. IMHO it could go either way 50/50 break out or break down
My new post up today soon
Rumors… well I just don’t believe they plan to rally this market. Too many signs show it going down next week. Of course we could simply go down to the 105.39 spy FP, putting in a higher low, and then rally back up. I doubt it thou… but anything is possible.
Yes… please do let me know if you see those “manipulation signals” again. If you don’t want to post them on the blog, you can always email them to me. I have regular updates from others that I can’t share the information on the blog, so I’d do the same for your info if you wished? Of course I still share my overall view and FP’s on the blog, just not always the sources that lead me to that conclusion.
Schaeffer’s Monday Morning outlook is pretty bullish for the markets in general….
Great link Pramod… thanks.
I agree that it could go either way Anna, but my gut tells me down. Of course my gut isn’t as good as yours, but I get one right every now and then.
🙂
Hi Anna, I hope you’re right about 50/50.
Hey Red,
Check this out-
http://www.safehaven.com/article/18239/a-history-of-autumn-declines-in-the-down-industrials
Let’s speculate and say we are at 990 on OCT 16th, with the elections 2 weeks away, all the polls confirm, the republicans will capture the house…Do you really want to be short during OCT earnings season? That’s all I’m trying to say.
REd LOL how many times have you posted this picture and headline? LOL I have lost count. IMHO it could go either way 50/50 break out or break down
My new post up today soon
Rumors… well I just don’t believe they plan to rally this market. Too many signs show it going down next week. Of course we could simply go down to the 105.39 spy FP, putting in a higher low, and then rally back up. I doubt it thou… but anything is possible.
Thanks…
🙂
Yes… please do let me know if you see those “manipulation signals” again. If you don’t want to post them on the blog, you can always email them to me. I have regular updates from others that I can’t share the information on the blog, so I’d do the same for your info if you wished? Of course I still share my overall view and FP’s on the blog, just not always the sources that lead me to that conclusion.