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  1. #1531
    Senior Member ananda77's Avatar
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    Quote Originally Posted by Hoop View Post
    ...Back on topic..
    The S&P500 has broken up out of its 6 week down trending channel..so TA wise expect it to test its all time highs with a good chance it will form another record high
    ...now in agreement, although no NYA, VIX, or Liquidity breakout of the triangular pattern has occurred and chances for another swift shake-out are as good as a breakout to new highs.
    ...would not mind another swift yummy equity shake
    kind regards
    Last edited by ananda77; 10-02-2015 at 04:10 AM.

  2. #1532
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    Quote Originally Posted by Hoop View Post
    8th February 2015 post#1549
    ......................
    Back on topic..
    The S&P500 has broken up out of its 6 week down trending channel..so TA wise expect it to test its all time highs with a good chance it will form another record high
    Didn't have to wait long
    As I type the S&P500 is at 2095.73, record breaking above the primary resistance of 2093.55 (the previous intraday record top of 2093.55 set on the 29th December 2014)

    2100 looking good..eh Winner
    Last edited by Hoop; 14-02-2015 at 09:48 AM.

  3. #1533
    Speedy Az winner69's Avatar
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    Quote Originally Posted by Hoop View Post
    Didn't have to wait long
    As I type the S&P500 is at 2095.73, record breaking above the primary resistance of 2093.55 (the previous intraday record top of 2093.55 set on the 29th December 2014)

    2100 looking good..eh Winner
    Then we look forward to 2200 by Easter

  4. #1534
    Speedy Az winner69's Avatar
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    I see the Nasdaq is back to where it was in 1999

    Good eh

  5. #1535
    Speedy Az winner69's Avatar
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    All good .... 2100 beckons this week and 2200 by Easter

    She will ensure she does nothing to spook the market ... can'thave a down market with presidential elections coming up can we

  6. #1536
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    There we have it... closed at a record high...2100 on the knocker

  7. #1537

  8. #1538
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    Default Bulls Bears Swans Butterflies Bats and now we have Squirrels

    I must admit when I read today that the NYSE suffered a "black Squirrel" event during trading (8th July 2015).... I rushed to Mr Google as I had no idea what a Black Squirrel was..
    Mr Google wasn't much help....
    Digging deeper into the realms of cyberspace searches..I got a possible answer..

    It seems "black squirrel" may have been coined by Chuck Jaffe back in 23 August 2013 in a video interview.
    Chuck's Black Squirrel Event is a sudden shutdown of services which at the time of happening is unexplained..It is not a rare event..but some notable events in Stock Exchange History were Dec 1987 and Aug 1994 when the NASDAQ suddenly shut down due to squirrels gnawing through power lines and charring themselves in the process...hence the imaginative named event
    Last edited by Hoop; 09-07-2015 at 10:06 AM.

  9. #1539
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    I follow the S&P500 closely from a fundamental and technical viewpoint. It is highly correlated to the NZX.
    big.jpg
    (sorry about the size).

    So whatever the S&P500 does, you can bet we will follow. The trend on my twitter account has been all about market breadth (or lack of it). While we have recently had a new high, it is only the larger components of the index that are also making new highs. Apparently, market breadth is very important. Divergences in breadth in the past resulted in major market crashes.


    Also, of note is that the transport stocks are also falling.


    This is what Hussman says.
    http://www.hussmanfunds.com/wmc/wmc150720.htm
    Last edited by noodles; 25-07-2015 at 03:28 PM.
    No advice here. Just banter. DYOR

  10. #1540
    Speedy Az winner69's Avatar
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    Interesting and ominous

    http://www.masterdata.com/Reports/Combined/ADLine/Daily/$SPX.htm
    “ At the top of every bubble, everyone is convinced it's not yet a bubble.”

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