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The stock market

278,490 views·4732 replies·by movetheboat·First Post·Latest
movetheboat

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!!!

CommodoreOriginal Crew12,530 postsSince 2018
movetheboat

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 :-)

CommodoreOriginal Crew12,530 postsSince 2018
Roccus7
Roccus7MODnoreaster.com2023#3083

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"...

Shall I go to heaven or a-fishing? - H. D. Thoreau
Veni. Vidi. Cepi. - with apologies to Gaius Julius Caesar
AdmiralOriginal Crew21,717 postsSince 2018
movetheboat

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!!

CommodoreOriginal Crew12,530 postsSince 2018
Roccus7
Roccus7MODnoreaster.com2023#3085

[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”…

Shall I go to heaven or a-fishing? - H. D. Thoreau
Veni. Vidi. Cepi. - with apologies to Gaius Julius Caesar
AdmiralOriginal Crew21,717 postsSince 2018
Roccus7
Roccus7MODnoreaster.com2023#3086

In the interest of Fairness, how about an error bar of +/- 80 pts (~2%)?”, so 3975 - 4235

Shall I go to heaven or a-fishing? - H. D. Thoreau
Veni. Vidi. Cepi. - with apologies to Gaius Julius Caesar
AdmiralOriginal Crew21,717 postsSince 2018
JackPrintMD

Remain liquid.

Live and Let Fish
Good things come to those who bait.
CommodoreOriginal Crew16,183 postsSince 2018
wader
waderFREE2023#3088

Remain liquid.

"Well, it's alright.
.............even if you're old and gray."
"Well, it's alright.
............you still got something to say."
AdmiralOriginal Crew20,900 postsSince 2018
longcast

[URL unfurl="true"]https://www.wsj.com/livecoverage/stock-market-news-today-03-24-2023[/URL]

AdmiralOriginal Crew20,417 postsSince 2019
longcast

[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.

AdmiralOriginal Crew20,417 postsSince 2019
movetheboat

Fridays action was encouraging.....We[SIZE=7] could [/SIZE]be looking at at least a 6 week rally here...

NOT WRITTEN IN STONE!!!

attachment 60832

attachment-60832

CommodoreOriginal Crew12,530 postsSince 2018
Roccus7
Roccus7MODnoreaster.com2023#3092

NOT WRITTEN IN STONE!!!

attachment-60832

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?

Shall I go to heaven or a-fishing? - H. D. Thoreau
Veni. Vidi. Cepi. - with apologies to Gaius Julius Caesar
AdmiralOriginal Crew21,717 postsSince 2018
dsedy
dsedyFREE2023#3093

Santelli always nails it. Today was no exception.

[MEDIA=twitter]1639252704324362241[/MEDIA]

CommodoreOriginal Crew5,100 postsSince 2019
longcast

[URL unfurl="true"]https://money.com/weekly-stock-market-outlook/[/URL]

AdmiralOriginal Crew20,417 postsSince 2019
movetheboat

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

CommodoreOriginal Crew12,530 postsSince 2018
movetheboat

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.

CommodoreOriginal Crew12,530 postsSince 2018

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