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-   -   Stock Market Prediction (http://www.paceadvantage.com/forum/showthread.php?t=133768)

lamboguy 12-19-2018 07:45 PM

in this bad market, the biggest dog, The General, GE, went up 5%!

that stock sucks and should go out of business. they just put more meat on the bone to go in and short it. i will be looking for $6.60 and stop myself out .15 higher than the close today. good risk reward.

barahona44 12-19-2018 10:24 PM

Quote:

Originally Posted by lamboguy (Post 2408559)
it feels like they are giving the stuff away! its less than a gallon of milk!

Would you recommend regular or hi-test on my cornflakes?

Gotta save money where you can. :D

Saratoga_Mike 12-20-2018 10:42 AM

Where are the key support levels on the S&P in the opinion of technically oriented posters?

barn32 12-20-2018 11:23 AM

Quote:

Originally Posted by Saratoga_Mike (Post 2408758)
Where are the key support levels on the S&P in the opinion of technically oriented posters?

We're touching on February support as of now.


http://i65.tinypic.com/15hd9pz.png

Ocala Mike 12-20-2018 11:32 AM

Opinions are like assholes, and here's mine. GE will be $8.60 before it hits $6.60, but good luck on your trade.

Saratoga_Mike 12-20-2018 12:50 PM

Next support level below 2500ish?

Credit is a train wreck.

lamboguy 12-20-2018 01:19 PM

Quote:

Originally Posted by Saratoga_Mike (Post 2408804)
Next support level below 2500ish?

Credit is a train wreck.

next major support would be at 2340, but there are a few minor levels on top of that. my guess is that we make it to the next major support level. this market is not something you want to stick your head in front of. tomorrow is options expiration day, that could bring some whipsaw action.

Saratoga_Mike 12-20-2018 02:36 PM

Quote:

Originally Posted by lamboguy (Post 2408817)
next major support would be at 2340, but there are a few minor levels on top of that. my guess is that we make it to the next major support level. this market is not something you want to stick your head in front of. tomorrow is options expiration day, that could bring some whipsaw action.

agree

barn32 12-20-2018 02:51 PM

Quote:

Originally Posted by lamboguy (Post 2408817)
tomorrow is options expiration day, that could bring some whipsaw action.

Triple witching.

ReplayRandall 12-20-2018 03:09 PM

A lot of people are getting out now, cash in hand, with no reinvesting elsewhere except maybe the bond market.....Strange time of the year for this to happen, usually just the opposite takes place, pumping it in to get max pay incentives for the Big Boys....:rip:

ReplayRandall 12-20-2018 03:22 PM

It's Official....All markets are now in Bear Territory, tread lightly.

ReplayRandall 12-20-2018 03:32 PM

Quote:

Originally Posted by ReplayRandall (Post 2408849)
A lot of people are getting out now, cash in hand, with no reinvesting elsewhere except maybe the bond market.....Strange time of the year for this to happen, usually just the opposite takes place, pumping it in to get max pay incentives for the Big Boys....:rip:

Bitcoin with a 10% pop today...

Saratoga_Mike 12-20-2018 03:48 PM

Quote:

Originally Posted by ReplayRandall (Post 2408861)
It's Official....All markets are now in Bear Territory, tread lightly.

S&P 500 isn't.

ReplayRandall 12-20-2018 03:54 PM

Quote:

Originally Posted by Saratoga_Mike (Post 2408873)
S&P 500 isn't.

I stand corrected...:blush:

barn32 12-20-2018 05:15 PM

The SPY is having a major breakout.

(However, the chart is turned upside down.)

http://i66.tinypic.com/30d8kuw.png


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