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ok what is the new top?
LOL cheify you are da best. We hit 10K ten years ago and you still talking 20K. You'll be 6 feet under when that ever happens
You're joking, right?
and the rally continues.....
LOL That's a good one.
share that with Mongo..he knows stuff......
No actually I nailed it despite your dislike for me. Someone give me a good reason for a big down move when it would be fighting the Fed..
We still didn't go down and AA results are bullish.
Bears need to get ready for a rough ride into year end...gonna send em all back into hybernation...
you must love pain
Hey I have been polite. We could re-visit your market calls since May.
so far yes but I struggle with the notion that a collapsing dollar won't be bad for stocks at some point.
we've discussed this. Central bank printing is driving the markets. Real economy is dying. Money has no place to go but the markets. TA meaningless in this environment.
That is an impressive follow thru from yesterday if it holds.
Market looks like it is going to explode to the upside.
PS - I will agree with that.
It looks like we're going to reverse last week's selling in short order.
timing is very important if one is buying puts and calls which I thought you did. Being off just a month can be painful to one's account.
Gotcha, fair enough. We shall see what plays out.
No because the red has been minor. Stocks aren't selling off well. You still confident of your Dec prediction for the spx?
Sweet bounce off the morning lows.
You were saying?
These markets are going to march higher. Gold will join in the fun. Dollar will continue it's decline gradually. Markets like that.
stocks moving inverse to the dollar. You know that. Look at futures this morning and the dollar move down.
market is on cruise control, upward.
It sure looks that way doesn't it?
If we drop down to the levels you are predicting for the stock market, this Fed will print like it's no tomorrow. The printing might be pulled back if the economy is on stable footing. Is it on stable footing?
Any chance the Dow hits 6400 by December?
was today the correction? That selling looked intense
Hey, I've been seeing top picking around here since May. How's that been working out? Vi changed his mind. I haven't. I see we're up again.
If we're in an upside crash why sell? I think we have been in an upside crash since July.
I still like that call. I think I also said 1200 by next month. At this rate should be a piece of cake.
I agreed with him that TA is useless now. Money printing going almost directly to stocks. It looks like a crash up to be honest.
FA is being totally ignored. On that front I am bearish..but that hasn't mattered to stocks.
I am not on the dark side. Trend is still up and buying is non stop.
totally agree. Good write-up. Market continues the nonsense today. Picking tops a fool's game at this time.
and the beat goes on...
I assume you are referring to me. This market rally is all about money printing by central banks globally coupled with currency movements. IMO it has nothing to do with traditional TA. FA says we should be down big time. Why aren't we?
Nothing new here. Tops still being called and SPX continues it's relentless march upward.
I am going to buy the cookbook on how to lose money...
pick a bullish count this time, perhaps that will work