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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives -- Ignore unavailable to you. Want to Upgrade?


To: GROUND ZERO™ who wrote (51109)6/2/2013 8:41:50 AM
From: Fintas  Read Replies (1) | Respond to of 219177
 
I've said a few times. There were MANY who were surprised to see SPX 1100 in 2008 after touching 1560 ish. And there were even more who were surprised to see SPX 1000/900/800/700/600 ish.

There will NOT be as many who will be surprised to see SPX 1350 because if one remains objective that would still be a decent % from 1200 ish which ms spx was at but a YEAR AGO.

What most do not see are the reasons to take it there.

As time passes over the next months those reasons will be better understood and the herd being the herd will do what herds do. Be LATE as usual.

I'm going to have fun listening to many change their tune.

As for spxu. No argument with those numbers you put up. And once again I don't consider 1350 getting out of hand. If I put up a 1000/1100/1200 flat then I'd agree.

Fintas