... have to add *2000 as well - nice round number
... and also agree with Belgarion re: not going end well, we have a global economic recovery in front of us before that
kind regards
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...well Belgarion, of course no one can be sure of numbers but at this stage, there are few signs indicating a weakening up-trend. During the recent 30 point move down
-option inflowing liquidity weakened but remained in positive territory
-institutions remained in accumulation only lesser during the dive
... will keep U posted
kind regards
... keep the upside covered with plenty of cash ready to cover the downside
... next logical target *1975, then taking *2000/*2015
... with that anyone can win in this market
kind regards
...looks Iike the Fed has hit the 'pause' button today
...if that continues, we'll be in a correction at least down to *1920
Good - finally an opportunity to deploy "some" more cash
kind regards
Only another decent day away from 2000
Well done Janet, keep up the good work
They will be pleased
Hi Hoop
..no doubt I remain bullish (superbullish) but..
My question -if I may- how long was the longest VIX period of extreme low volitility as of current before it picked up again? Lets say since 1929
kind regards
...some people suggest that the VIX LOW *10.36_20 june 2014, the lowest VIX since 2006/2007, marked THE LOW for the current bull run. Consequently, an increase in volatility is expected.
The ensuing force will entirely depend on the strong *1940 support level. The up-tick will be a graduate process initially
So far as the Option and Cash inflowing liquidity goes -no sign of trouble-
However, there is a negative divergence developing between the NYA and inflowing Cash liquidity
...its a good idea to cover potential downside and a spiking VIX and would remember markets tend to be very bullish up to the 4 july 2014
S&P earnings at an all time high
Courtesy of chartoftheday.com
http://www.chartoftheday.com/20140702.htm?H
Notice how every 5 years or so 20%-25% of previous 5 years profits are written (impairments, disasters and all that sort of stuff) of causing huge earnings decline. GFC an exception .... in some cases life time of earnings written off.
Bugger ......didn't get to 2000 in time for Thanksgiving
Oh well .....another week next week and alls fine on the Western Front
Zillions of new jobs but no economic growth ....does bode well for the future though
And some guy said the DOW is going to hit 20000 by Xmas .....whoopee
And look at the VIX might be below 10 in a day or two
Things sure are looking sweet as
Apparently the only net buyer of stocks are the companies themselves. Drives the price up so bigger pay packets for managers. Highest level of buying since 2007 .....does that sound alarm bels?
It's all just one big game eh ..... corporatacy at its worst .....when is the next Occupy gathering? Must go
http://money.msn.com/top-stocks/post...biggest-driver