i never stay late to DA party
WHEN THE MARKET gaps up like that it usually goes back and fills it...it did that so it can still rally now into the close
And just like that...IT ALL CLOSED GREEN!!!

i never stay late to DA party
WHEN THE MARKET gaps up like that it usually goes back and fills it...it did that so it can still rally now into the close
And just like that...IT ALL CLOSED GREEN!!!

Fridays action was encouraging.....We could be looking at at least a 6 week rally here...
6 Weeks is up April 10th
March 6th s+p opened
[TABLE]
[TR]
[TD]4,055.15[/TD]
[/TR]
[/TABLE]
even with the bank fiasco it's still not that bad...but no I didn't know about the bank failures.....got to work on that :-)
6 Weeks is up April 10th
March 6th s+p opened
[TABLE]
[TR]
[TD]4,055.15[/TD]
[/TR]
[/TABLE]
even with the bank fiasco it's still not that bad...but no I didn't know about the bank failures.....got to work on that :)
Just to lock you in, if you're looking at the S&P for 6 Weeks, that means the start date was Monday, Feb 27 when the S&P opened at 4,012.32, and the close price of Friday, April 7, 6 business weeks...
You are often inclined to "move the goalposts"...
Just to lock you in, if you're looking at the S&P for 6 Weeks, that means the start date was Monday, Feb 27 when the S&P opened at 4,012.32, and the close price of Friday, April 7, 6 business weeks...
You are often inclined to "move the goalposts"...
my post is time stamped from March 6th...stick to science!! Even though your scenario gives me one less week but an extra 50 points. Whether we close higher than 4055 on April 10th which would be 6 weeks from the March 6th post remains to be seen. I'm flattered that because I'm right so often you get your jollys on me maybe being wrong lol!!! It's tough being on top.....at least I didn't tell UR PARTNER to buy EL!! LOL I don't have trading positions that go 6 weeks anyway, but it would be good for managed retirement funds that we both have. But it seems you would rather take a loss to see me wrong...strange!! oHHH WELL.... C'est la vie
Bon chance mon Amis!!!!! And Amadans!!
[USER=82]@movetheboat[/USER] - In the interest of Fairness, how about an error bar of +/- 80 pts (~2%)?”, so 3975 - 4235? Need to establish something beyond noise?
It may avoid a Shakespearean “Much Ado About Nothing”…
Remain liquid.
[URL unfurl="true"]https://www.wsj.com/livecoverage/stock-market-news-today-03-24-2023[/URL]
[URL unfurl="true"]https://finance.yahoo.com/news/stock-market-news-live-updates-march-24-2023-123438023.html[/URL]
WTI crude oil ([CL=F]('https://finance.yahoo.com/quote/CL=F/')) fell about 4% in pre-market trading to around $67 a barrel, nearing its lowest level in nearly two years. Brent crude ([BZ=F]('https://finance.yahoo.com/quote/BZ=F/')) also dipped 4% to just under $73 a barrel.
The pressure in oil comes after Energy Secretary Jennifer Granholm [told lawmakers on Thursday]('https://finance.yahoo.com/news/oil-prices-dip-u-holds-225141155.html') refilling the country's Strategic Petroleum Reserve (SPR) may take several years and that it will be [SIZE=5]"difficult"[/SIZE] to utilize the current decline in oil prices.
Fridays action was encouraging.....We[SIZE=7] could [/SIZE]be looking at at least a 6 week rally here...
NOT WRITTEN IN STONE!!!
NOT WRITTEN IN STONE!!!
You going to accept a +/- 2% margin of error on your "official" prediction, setting up a "No Man's Land" where neither one of us can gloat?
[URL unfurl="true"]https://www.thestreet.com/banking/four-banks-collapsed-worries-persist-around-two-others-will-they-fall?puc=yahoo&cm_ven=YAHOO[/URL]
[URL unfurl="true"]https://money.com/weekly-stock-market-outlook/[/URL]
You going to accept a +/- 2% margin of error on your "official" prediction, setting up a "No Man's Land" where neither one of us can gloat?
If you want....for chits and giggles. My official as you call it prediction was a possibility of a 6 week rally based on that days action. But I think we can still close higher by April 10 than march 6th. The market will shrug off the bank news and has a clear picture of what the fed will do.
The bank news was left field ...hopefully we regulate again and some DH doesn't reverse it
Santelli always nails it. Today was no exception.
[MEDIA=twitter]1639252704324362241[/MEDIA]
Santelli said the same shit from from 2008-2016 and we rocked all around..... then shut his mouth for 4 years for some reason
Recession is part of the normal economic cycle and has been from day one. It's gotta fall on someone and it will one day no matter what.
[URL unfurl="true"]https://www.investors.com/market-trend/stock-market-today/market-rally-still-hasnt-done-this-microsoft-tesla-near-buy-points/[/URL]
[URL unfurl="true"]https://finance.yahoo.com/news/stock-market-news-today-live-updates-march-27-2023-121320839.html[/URL]
[URL unfurl="true"]https://finance.yahoo.com/m/736ec81d-4c64-31c2-bb32-b78955d3b61f/these-stocks-are-moving-the.html[/URL]
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