S&P 500 - How high can it go?


By fil   Follow   Fri, 1 Feb 2013, 10:23am   547 views   4 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


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    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. dublin hillz


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    2   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.

  3. fil


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    3   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.

  4. E-man


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    4   1:00am Sat 2 Feb 2013   Share   Quote   Permalink   Like   Dislike  

    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. :)

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