Geez, I was off by a little over a point on my 1576 prediction yesterday
Sorry to brag, usually not my style...but what the heck. I said yesterday we'd go down to 1576 on the S&P. We hit 1577.70. Some yahoo jumped the gun on the buy signal. Still think that after bouncing around the ultimate summer low will be around 1560. I added to my position today, and also caught the falling knife on gold stocks by buying some GDX. If they pound banks some more I'm going to start dipping in there.
Ok Chute, I went all in at 1560, house, college fund, retirement, everything...........you better be right..............................just kidding, did take a small spy position though and added to NE at 35.75, thinking about APPL as it is under 400, rough couple of days
looking like I should have bet the house, nothing wrong with bragging when your right and you call it ahead of time Chute, today may just be a bounce but your 1560 call is sure looking great so far, I did also end up picking up APPL at around 401, it is oversold, RSI under 30, I am obviously not a chartist, but the RSI under 30 indicator works for me a high percentage of the time....good luck all