Earnings Season is here folks!
Get ready for some nice trading ranges and some super duper option plays by the MARKETJEDI :)
MARKETJEDI.
Tuesday, October 7, 2008
Long Term Prediction!!!!!!!
Here it goes folks I think we bounce here very soon - I currently have some numbers to watch on the S&P BUT I dont want to list them here as I am getting alot of questions from people who are not that experienced in trading the market.
I think we will get a monster day up very soon but we will get it after we get a flush out.
Long Term I think, nope I know the market is broken. I have an ultimate target on the DOW @6000. YES 6000, my ultimate low with a -20% error rate so We could goto 5000. S&P can easily goto 550 here from the charts I am looking at but these are longer term targets.
I can say this here and now WE WILL NEVER SEE DOW 15000 Period NOT FOR THE NEXT 10 years. Forget about it, it aint happening.
Stay tuned I have a few idea which should rack us up huge. Stay cash heavy
I think we will get a monster day up very soon but we will get it after we get a flush out.
Long Term I think, nope I know the market is broken. I have an ultimate target on the DOW @6000. YES 6000, my ultimate low with a -20% error rate so We could goto 5000. S&P can easily goto 550 here from the charts I am looking at but these are longer term targets.
I can say this here and now WE WILL NEVER SEE DOW 15000 Period NOT FOR THE NEXT 10 years. Forget about it, it aint happening.
Stay tuned I have a few idea which should rack us up huge. Stay cash heavy
S&P
S&P just traded below 1000. WOW folks either this set up a great buying opportunity soon or we dead in the water
We getting killed here
We are getting killed here folks- I thought the bailout bill was to save us from market going down. I hope this proves to you NOT to listen to these IDIOTS.
IDIOTS- Why don't people take off the covers over their eyes to see what is going on. It is so obvious this was a bailout just for the investment banks
IDIOTS- Why don't people take off the covers over their eyes to see what is going on. It is so obvious this was a bailout just for the investment banks
WOW
Anyone see MS?
Anyone see GS?
Anyone see BAC?
The financial bounce is over already???
I am calling Cramer :)
Anyone see GS?
Anyone see BAC?
The financial bounce is over already???
I am calling Cramer :)
Why you have to read this Blog
I put up alot of reference points on this blog for people to follow. Last week if I am not mistaken I mentioned VNO as a weak stock not as a trade call but something I saw. VNO is trading down like $20 since then.
Read the blog folks. It will make you money.
MARKETJEDI
Read the blog folks. It will make you money.
MARKETJEDI
Citibank
Slow death to Citibank here. I think Citibank will be a $5 stock when everything is said and done.
AAPL getting shot here and looks like it want $78 level. That one has totally been in the garbage. I thought it was one of the four horsemen of TECH :).
BAC- Slow death here too. This one see below $20 soon very soon.
AAPL getting shot here and looks like it want $78 level. That one has totally been in the garbage. I thought it was one of the four horsemen of TECH :).
BAC- Slow death here too. This one see below $20 soon very soon.
DOW 10000
We can't seem to hold the DOW 10000 level. The longer we stay below it the more it will act as resistance.
Sorry Cramer no DOW 15000 as you told the World.
Sorry all the analyst who said S&P YEAR END TARGET OF 1400.
SIMPLY AMAZING
Sorry Cramer no DOW 15000 as you told the World.
Sorry all the analyst who said S&P YEAR END TARGET OF 1400.
SIMPLY AMAZING
Tuesday
I was asked last night how far could we bounce IF we bounce. I would look somewhere in the 10500 level as resistance on the DOW.
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