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SPDR S&P 500 ETF Message Board

  • liveup40 liveup40 Dec 9, 2012 6:28 AM Flag

    China's economy in sweet spot?

    As the bears begin their Sunday negative drama parade, just thought I'd mention some extremely positive news that came out over the weekend.

    Oh and how about some of those financials hitting 52 week highs and some others knocking on the door. How about C trading up for 4 days and the close higher than the gap on many of those days. How about F finally breaking out recently.....

    Bears/media will attempt to add drama to Monti leaving office in Italy..... Don't bother paying attention, he was scheduled to leave in Apr. He is going to get his budget passed and leave 4 months early. Ignore the drama.

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    • Market index charts appear poised for an up move. But that sharply falling 50 day immediately overhead usually acts a tether to keeping prices in a range. Grudgingly higher and backing and filling to finish the year is my guess. That prediction and an astounding $13 will get you across the GW Bridge.

      • 1 Reply to chickyboy3
      • While the media and others have everybody focused on the AAPL drama, other long risk takers are making some great year end coin......

        AAPL will put in a V bottom one of these days that will leave shorts pantless.....

        Betting against a company that grows over 25%, with no debt, 20% of their market cap in cash and a div yield higher than the 10 yr treasury and a below market PE is a sure way to the Wall Street short graveyard.

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