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S&P 500 - How high can it go?

By fil   2013 Feb 1, 2:23am   ↑ like   ↓ dislike   1,061 views   4 comments   watch (1)   share   quote  

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 (100/100 = 100% civil)   2013 Feb 1, 2:39am  ↑ like   ↓ dislike   quote   top   bottom   home   share  

What do your charts tell you (and I really do need to learn that TA stuff).

2   dublin hillz   2013 Feb 1, 3:06am  ↑ like   ↓ dislike   quote   top   bottom   home   share  

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   2013 Feb 1, 3:34am  ↑ like   ↓ dislike   quote   top   bottom   home   share  

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   2013 Feb 1, 5:00pm  ↑ like   ↓ dislike   quote   top   bottom   home   share  

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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