SPDR S&P 500 (SPY)

[optionslearner]

HOW HIGH FOR SPY WITH NO RESISTANCE


It is going to be something to see!....The Only resistance is the Mind Set that SPY is too HIGH and that is something I don't subscribe to...I believe and have experienced the Real Situation where "When the Market is so low it seems like it can't go much lower AND IT DOES!...When the Market is so high it seems like it can't go much higher AND IT DOES!....So for Now I stick with MY GUESSTIMATE made back when SPY looked so Bad; That SPY would Hit 205 before year-end.

Now lets Get Busy GUESSTIMATING The SURPRISE to come in the Mining sector....Companies Such as Pan American Silver that are down deep and paying 5% Dividend with potential 50% Upside over the next year....THATS MY GUESSTIMATE!....Oh and Don't Forget How High BABA "Looks"...Just The Beginning!!!