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SPDR S&P 500 Message Board

  • wanttobeamillionairefromstocks wanttobeamillionairefromstocks Mar 6, 2013 2:05 AM Flag

    This entire leg from 2009 was one big wedge without confirmation. We are going to 600 on SPX.

    Let the crash commence! SPX to da MoooooooooooooooooooooooooooooooooooN!

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    • this will be another crash now is my bet. i cannot conceive of buying now at the top with massive disruptive and shrinkwrapping cutbacks by uncle sam. i got out of stocks in august of 2007 and have been way cautious, too cautious, sticking to bonds. but i avoided a lot of companies that went bust. bernanke will not do what it takes to stop the crash because the fed is behind everything that goes wrong. we have been run by aristocrats for 100 years, instead of patriots. you don't be the world leader and police the world with a bunch of aristocrats running things. the politicians work for the aristocrats, not the well being of the nation. that is why we have so often been in debt, and now because of the aristocrats, the federal reserve types, we are 16 trillion in debt, slowed way down, instead of growing massively for 100 years and being ahead of China for each and every year of the last 50 years. these aristocrats have been developing their world power instead of the world power of the federal government and the power and wealth of the masses of America.

    • Now that we have reached a new all time high for the Dow Industrial and the Dow Transports the next step is increased volatility. While no one can tell you what direction the market will move next, but larger price movements either up or down or both is the next logical step. The reason is simple we are now at larger numbers and the volume continues to decrease. This creates a situation of increased volatility at least in the size of the numbers posted every day. Watch and see what happens over the next 3 months.

 
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