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S&P 500 - How high can it go?

By fil   Follow   Fri, 1 Feb 2013, 10:23am   377 views   5 comments
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Any thoughts on how high the S&P will go? 1600? Mid 1500's?

Also any thoughts on how low it will go when it corrects?

My picks are
High - mid 1500's
Low - down to 1200's

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1. zzyzzx Follow Befriend (9) 410 threads 4,107 comments Baltimore, MD

   1   10:39am Fri 1 Feb 2013   Share   Quote   Permalink   Like   Dislike   What do your charts tell you (and I really do need to learn that TA stuff).

2. SFace Follow Befriend (2) 60 threads 1,297 comments Premium

   2   10:39am Fri 1 Feb 2013   Share   Quote   Permalink   Like   Dislike   Protected   1525-1540. Then 10-20% retracement. basically I will not hold stocks in March -July but will load up by fall. That's been the plan for several years. It's a dynamic situation but that is how I will play it as of now.

3. dublin hillz Follow Befriend 10 threads 763 comments Dublin, CA

   3   11:06am Fri 1 Feb 2013   Share   Quote   Permalink   Like   Dislike   SFace says 1525-1540. Then 10-20% retracement. basically I will not hold stocks in March -July but will load up by fall. That's been the plan for several years. It's a dynamic situation but that is how I will play it as of now. Not a bad strategy - the biggest chance for a pullback is in may after roth contributions are done. Then profit taking starts.

4. fil Follow Befriend 6 threads 66 comments

   4   11:34am Fri 1 Feb 2013   Share   Quote   Permalink   Like   Dislike   I just pull my numbers out of the air ;-) When I see lots of people finally getting back into the market after missing most of the easy gains, I just think that they are probably all wrong. Most people are after all horrible at timing the market.

5. E-man Follow Befriend (31) 34 threads 2,542 comments San Jose, CA Premium

   5   1:00am Sat 2 Feb 2013   Share   Quote   Permalink   Like   Dislike   Protected   zzyzzx says What do your charts tell you (and I really do need to learn that TA stuff). See what SFace said. fil says I just pull my numbers out of the air ;-) When I see lots of people finally getting back into the market after missing most of the easy gains, I just think that they are probably all wrong. Most people are after all horrible at timing the market. LOL! That's a decent strategy too. You think like the 1%er instead of the 99%er. :)