With the market at all-time highs, is it ripe for a correction? What are your thoughts? Will we have a correction or will it keep moving higher?
Please leave a comment with your prediction of where you think the DOW, S&P 500 and NASDAQ will end the year.
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Have a great weekend,
Jeremy
I prognosticate it going down to 1507 before moving to new highs at 1680 basis SP 500.
I've got 12 strong shorts for monday, all with increased volume 60% to 508%. The market is changing !
CORRECTION FOR INDU:
HAS THE MARKET TOPPED OUT?
A RESOUNDING NAHHH!!!
P&F charts at http://stockcharts.com/freecharts/gallery.html? Show double and triple top breakouts and project:
INDU 16450
SPX 1800
COMP 4410
The Fed pumps are on full blast. The Great Wall Street Casino is on Valium and Main Street is clueless. THE BEST OF ALL WORLDS!!!
To use a famous quote from a brave WWII destroyer Captain in pursuit of a German U-Boat:
“DAMN THE TORPEDOES! FULL SPEED AHEAD!”.
HAS THE MARKET TOPPED OUT?
A RESOUNDING NAHHH!!!
P&F charts at http://stockcharts.com/freecharts/gallery.html? Show double and triple top breakouts and project:
INDU 164560
SPX 1800
COMP 4410
The Fed pumps are on full blast, The Great Wall Street Casino is on Valium and Main Street is clueless. THE BEST OF ALL WORLDS!!!
To use a famous quote from a brave WWII destroyer Captain in pursuit of a German U-Boat:
“DAMN THE TORPEDOES! FULL SPEED AHEAD!”.
The INDU and S&P's have negated a HnS in INDU and Triple Top in S&P. Look at your Monthly Charts. I am totally dumbfounded. And now what, a mother of all Short Squeeze? So far it looks to be. It will be a interesting year without a doubt.
The market has become irrational
As Jim Cramer says, there's always a bull market somewhere, and I promise to find it for you.
God is infinite, tune in to positive, upbeat potentials, always the best is yet to come