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Replies to post #194922 on SPDR S&P 500 (SPY)

Replies to #194922 on SPDR S&P 500 (SPY)
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3kidsplus1

04/14/16 12:26 PM

#194923 RE: risk on #194922

I'm hearing "the gang" is having a meeting April 19-21. And it will top at $210 by then.
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3kidsplus1

04/14/16 12:28 PM

#194925 RE: risk on #194922

On the other hand they could whipsaw it down today and end Friday at 210
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3kidsplus1

04/14/16 12:29 PM

#194927 RE: risk on #194922

I'm not sure how big the VXX buyers are but its bottoming currently
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Jakeyoo

04/14/16 12:47 PM

#194937 RE: risk on #194922

Because it is going to hit 210 man. You said there is no logic on this board. Lol if common sense tells you 210 is impossible, then 210 will probably be around corner.
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imiloa

04/14/16 1:08 PM

#194953 RE: risk on #194922

check the peaks in oct-nov 2015.
210-211+ was the top-end range then.

given that we're at 208 now
after a similar rally to oct 2015
my thought is that they can probably run it to the same peaks as oct/nov
before they face another ramping of R.