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Strategies & Market Trends : General market lab and commentary
SPY 683.38+0.1%Nov 12 4:00 PM EST

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To: Robohogs who wrote (341)4/18/2016 2:03:51 PM
From: Robohogs   of 668
 
One of the uber bears in my private room asked me what good is such a chart. It might reflect discount/premium to nav. It is made up. Guggenheim sucks. Guys, we are going A LOT higher. More folks are disbelieving than you might imagine. That is not the makings of tops. We ARE hitting the trend line down from SPX ATH. We are moving with a very bullush signal having fired on the daily chart. We have a week or so left. Mkt refused to go down on what most thought was awful news. Energy stocks are up. ATH on way? I do not know but maybe. And yes, my tone has gotten more confident with each call. Having been right this whole way helps. Stupidity helps too. We will go down one day.

Deutsche out targeting 2500 in 2018 on SPX. 17-18 PE - trailing. Modest growth only. I hope the analyst tries to convince his ceo to sell stock then!

This next link is hilarious!!

rationalwiki.org

Jon
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