InvestorsHub Logo
Boards
News
Market Data
Markets
Discover
Discover
AI Subscribe Login/Register account icon
S&P 500
5,213.31
(
-2.49%
)
US TECH 100
17,538.40
(
-2.29%
)
Dow Jones
38,834.44
(
-2.27%
)
Brent Oil
76.47
(
-0.86%
)
Bitcoin
54,536.53
(
-5.71%
)
Post# of 275594
Next 10
Reply Private New
Public Reply Private Reply New Post
Keep Last Read
Replies (1) Keep Next 10 Report Keyboard Shortcuts
Replies (1) Next 10 Prev Next

BuzzOnDaBeach

Send PM Follow Ignore
Followers 380
Posts 26779
Boards Moderated 3
Alias Born 12/29/2000

BuzzOnDaBeach

Member Level

Re: BuzzOnDaBeach post# 161626

Wednesday, 08/20/2008 2:38:13 PM

Wednesday, August 20, 2008 2:38:13 PM

Post# of 275594
So, we almost made it to 1320 s and p target, falling just a little short with a peak at about 1305. My indicators gave me a major divergence to the short side on that peak, so now I think we're going to go back to test the July lows. I was dead certain of the rally off 1200 to at least 1285, less certain right now. Market may price in a rate hike with inflation so high. Watching the 1250 area very closely for a better clue.

Outta here for the rest of August.

Buzz
Public Reply Private Reply New Post
Keep Last Read
Replies (1) Keep Last Read Next 10 Report Keyboard Shortcuts
Replies (1) Next 10 Prev Next
Join InvestorsHub

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.

Sign Up