SPDR S&P 500 Message Board
-
As a bull...
we need a quick correction. 5% would set things up quite nicely for a new up move. At this rate im a little concerned that if we march higher the next correction could wipe out most of the Jan gains. Jmho
-
There's a MONTHLY gap for JAN. I would think it HAS to be filled. I can't find another one in history.
- 1 Reply to xtgeminiman
-
There's a huge dow gap in early 1991 around 2500. Gaps don't HAVE to fill. And you can go broke nursing that belief.
-
moved our 401k to money market over the last month in 20-40k increments. Did the last 30k on Friday. no problem missing the next 5% up move if there is one. will buy back in at cheaper levels.
Time to take profits, smart money poured into this market 4 years ago, dumb money pouring in here. -
There is no need to step back at all. The economy when at the bottom can only get better so having stocks priced higher is only fair. There is no need to wait to buy stocks after the fact. Only the smart people will succeed by buying early.
Sentiment: Strong Buy
-
That's a given.
Now all you have to worry about is for all the 2012 gains to be wiped out as well.
But, of course, everything depends on BEN and the printing press.
It's all about timing now.
How much lower is he going to let the US$ go?
How does employment improve when more and more retailers continue to
shut down shop?
What is The TERRORIST going to do now?- 1 Reply to dr.market
-
Hey doc, since you're such of huge fan of posing rhetorical questions, here's one for you. Why is it a bad thing for the average guy to have his 401k fully restored?
-
There will be a headline in the future saying 2013 gains have been wiped out
-