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  1. #1
    Veteran Member Ammeo's Avatar

    S & P made all times High Yesterday !!!

    Yesterday S&P rose as high as 1,589.07 which is its all time high, The question now will be how far it can go from here on...
    Can we see a break above 1700 by the end of the year or even more?
    Last edited by Ammeo; 04-11-2013 at 07:54 AM.

  2. #2
    Specialist Member marvel's Avatar
    Yesterday, it was really crazy day with all time highs in the US market. I just guess why that happens and how much it could go north. I read an article where it was clear explanation that it is just the beginning of new long term bull trend and I think it is not impossible, especially if the inflation is increasing and the US economy continue to improve.

  3. #3
    Legendry Member milos's Avatar
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    Today’s range S&P 500 1572 - 1589

    Key levels

    1596 resistance
    1591 resistance
    1586 resistance
    1564 support
    1556 support
    1544 support

    S & P 500 continued growth supported by optimism that earnings reports in the first quarter may surpass expectations. In the meantime published notes from the March FOMC meeting, which showed that despite the division most of the committee members continue to resume quantitative easing program. S & P500 rose 1.22% yesterday

  4. #4
    Specialist Member RCox's Avatar
    Quote Originally Posted by milos View Post
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    S & P 500 continued growth supported by optimism that earnings reports in the first quarter may surpass expectations. In the meantime published notes from the March FOMC meeting, which showed that despite the division most of the committee members continue to resume quantitative easing program. S & P500 rose 1.22% yesterday
    Did you use your phone to take a picture of your computer screen? Your mouse does have a right click button. (just joking buddy)

    I am still dis-interested in stocks at 1590 in the S&P. GDP growth is snail's pace. Expectations are weak, and this is why its easy to beat them. I'm not interested in trying to make money by buying into the hype. I'd rather take the hit on rallies and take advantage of the more than likely correction.

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