Financials... market cannot go much higher without same, MS C BAC JPM BLK GS index XLF
Sorry friends........... looks poor
Look out below, unless u possess the crystal ball, which I doubt
This so obvious, strong selling into close 3-14-14 imo, and do not have a crystal ball
Watch financials, down, group them and follow them for market moves.
3-14-14 financials down, while market so so, expect sell-off unless financials move decidedly higher, unlikely.
PS DOW below 50 day
Change that to 104-105, it's only 11:20 am/est and within a few cents of 106
As for BX, nice move down 3-14, bid in for 200 at 32.25, for me
Pick your poison
Yes, it will, in time as u gave me 9 months to work with!
This is a Putin issue, ala market drop. They should call this the Putin correction, otherwise we would be 1900 SP, or close, mol, already!
So, back to buy low and sell higher; as your 120 may be valid there is $$ to make at this level.
122, u could ave. down; this is very good stock/div imo opinion and others(Oxford Club along with others).
Or put equal amount in BX, yet BX has not fallen as much.
Or just but it, but at the close on Fri 3-14-14, as I expect a drop.
Place GTC/day bid at 106, you'll get filled, and u ave. down to 114, were it was 118 a week ago.
Pick your poison!
As posted a week ago, cash remains, no gifts available; yet 3-14-14 is going to end very badly, even though it holds, as of 10:15 est
Even with another 2-4% down(expected into close 3-14-14), your going into weekend! It would need to be real gift, to buy on Fri
And now I would not and have not bought at even 108$ today, although I bought at 112 and sold 117 a few weeks ago or less.
I think we go lower; I would accept a 101$ gift however!
One off quarter, any way, I wait for IEP and BX to trade lower, til I buy(I've done this before).
Therein I have a nice entry, and of course I'll take to 5-10% gain going forward, well before your 120$ high reference regardless; as I said many times, buy low -- sell higher, and do this over and over as long as the market allows
Currently about sanctions, ever try to buy an Iranian stock!
I posted this about a week ago, lost 20% since; no bottom here imo, as long as Putin stands firm.
IPO market is already dead for USSR stocks, as we post; I think the next move will be to cut USSR off US tech investments/partnerships and related dollar investments.
Sentiment: Strong Sell
What do I like now, with almost every thing over valued, F, for one, among others;
With #$%$ have a gift, plus 20% appreciation, unless u think the world is ending!!