SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives
SPY 690.38+0.4%Dec 24 4:00 PM EST
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Fintas who wrote (51789)6/14/2013 12:57:44 PM
From: Lazarus2 Recommendations

Recommended By
Cogito Ergo Sum
dealmakr

  Read Replies (3) of 220669
 
I'm probably in the same camp as you. In general life goes on and the markets work higher. As a father of six I try to avoid the attitude of the pastie-raced gloomies of the world. If you could stop people like me from making babies - then you could make a case for being a perma-bear - BUT YOU CANT.

I also believe that the recent highs WILL be taken out -- but its a matter of when.

The reason I put that chart up was to show that the long term up-trend had not yet been breached.

Shorter-term its apparent the market is struggling and I could easily see it dropping off and going much lower.

iow -- yesterdays's pop didnt surprise me.... and neither would drifting down to lower numbers ... even 1297 would not surprise me... but I see a lot of pivots between here and there.

One thing I have learned is that the market can go much higher than I ever imagined -- and conversely MUCH LOWER.

Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News