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Its only a matter of time. Those gaps will most certainly get filled.
I meant to say SPX 3600. A big Opppps on me
Northam: Is it a let a faith to suggest you are Bullish here and expect the Markets to take out the highs ?
We may likely hit 2600 area tomorrow. I too see that as a likely target near term.
Northam:
Do you think the equity markets will be at a new all time high by late Fall of 2022 ?
Notham43:
"I would like to see that W-SC-1 get confirmed, but it doesn't seem too likely at this point, we shall see."
If you're Bullish why is it important for you to see the W-SC-1 get confirmed ?
And time considerations on your map Northam.
Central Bankers are back Buying Debt. That is Bullish for Equities. Lets see if Central Bankers continue to buy debt. These Crooks love speaking out of both sides of their mouths. Lol...
Should back fill those open gaps to $40. Then again ?
Northam: Thinking we have roughly another 100 points or so to drop and then we should find enough support to start resuming an uptrend.
Appreciate all you do ;)
Wow ! Therein lies plenty of possibilities to keep most investors sidelined.
I tried running some correlation charts comparing today with the 2007/2008 topping process using most commodities as well the equity Indexes. The rub is the calculus of much higher inflation today then back then. Thinking the Fed is full of BS by not acting sooner to ease our Global Inflationary run. Those Clowns could/should have acted early 3rd and 4th quarter in 2021. Now we wait. Not looking good, imo.
Northam:
You still believe that the Equity Markets will rally by years end ? It is looking more likely that a Bear Market will continue to erode equity prices.
Lol... Im sure you will :)
Respectfully, UPRO has a target as low as $27. Not saying it will get there on this decline but the Chart indicates it will get there soon enough.
Where to from here ? Do we fall into an abyss
You Sir are one deep thinking Soul. God has bestow his/her Blessings on you.
With all that, have you ever overestimated your intermediate term and longer term time targets ? Did you expect such the rout that took place in 2008/2009 ?
Henry Paulson couldn't have been the only soul making bank.
Northam: We all saw what the 2007/2008 Credit Crisis did to the S&P and Dow.
Am I that nieve to believe that we won't see a complete rout again ?
We should see 2500 within the next 18 months, likely less. If we get there we will likely go lower.
Did you say SPX to 7800 ? David Hunter is also looking for a melt up to SPX 6000 in the next two quarters or so.
Your thoughts are some of the most accurate Ive read over the years on the internet.
Hopefully we get a resumption in the Bull Market that takes us to new highs before this entire market decides to fold. I see a return to the 2008/2009 Financial Crisis not too far off the map. Its a coming :(
Remember 'j', you can't take it with you.
Liar ~!~
I find it easier to believe in God than not to. There is no one right religion in my opinion.
As long as we respect one another and give help to those in need there will be hope.
Very good for the Baltic Dry Index. Expecting another repeat in the six to 12 months. Coal is at historic highs vastly higher than 13 years ago.
How about a repeat of 2007/008 ?
Its on the table boys and girls
!@@!
Coal up 12.3 % today to 270.
One has got to wonder what the implications of all this will end up being.
Earnings due today/ tomorrow or any day after. Still no contract for their newly acquired Ship.
When/If someone is cheating there is seldom apparent evidence.
Still not Contract on Power Globe. Hmmm...
There were still working Loans outstanding that was at least 10x the $30 Billion in cash.
JPM got all that too, I would imagine.
Wondering what their plans are for all that cash. Hmmm
Hi Janice:
Was curious if you have any thoughts on the NTSB’s stance on Flight 800
that blew up over Eastern LongIsland 25 years ago ?
Looking like this one wants to move lower. Not good ;)
This whole market is a Fraud. All the charts in the world will not substantiate this over priced Con Game of epic proportions.
Hows that working out for you ?
Ya think ?
After-hours could be a wild ride. Be ready ~!~
You have that backwards. A rising VIX is back for stocks !
I disagree.
You let the Inflation Genie out of the bottle for a couple of years and then raise rates.
Guessing it will be a repeat of the mid to late '70's
You inevitably can not have low Interest Rates with high Inflation, imo.