Thread: JimmyJoe's Account Talk

Originally Posted by Bquat

Yea we're all waiting, but maybe it's because morning activity is increasing before the market opens. So we wait the little bit longer. As premarket activity increases it's either more fear or more looking to see if they will enter. I thinking it's the enter side. Maybe more are in so they have a more interest in watching and waiting for the open. I thinking up today also.

I fund leading off, nicely.

What is this, blackout, like the Super Bowl?

Google Greg Harmon, SideStreet. "We are never, ever, gonna get a correction." I'll be honest with you all. I have just enough insight to this market to become well off. My insight comes from all of you technical analysts and from those that believe this market will rise. SPX to 1700 by the end of the year. :toung:

Equities have their best long term potential when investors are most fearful of buying them. And there's no doubt that today most investors want as little to do with stocks as possible - but that will change and then all hell is going to break out as animal spirits howl. Mom and pop are still afraid of another 2008-2009 and that is unfortunate but it is what it is. All I know is that I'm due mine.

SPX 1535 by the end of the day.

Originally Posted by JimmyJoe

SPX 1535 by the end of the day.

I would love that, it would break the top of my channel within the channel.

Seasonal for February, this is supposed to be the worst day of the month for stocks. Ha, ha. My prediction will be SPX 1530 for the day, realistically. By the end of Feb, where's that chrystal ball, SPX 1550. SPX is now supported by internationals, which are now getting some backing by Europe's analysts. That's good because everyone cheers the SPX to heights of 1650, 1700. We all get that. It's the rather obscure I fund that is either helped by C or S, or these two funds are helped by the I fund when it rolls. Either way, I'm happy.

Originally Posted by Bquat

I would love that, it would break the top of my channel within the channel.

why stop there, i'd love 1600 by the end of the day. it'll be like a huge flash crash only in the opposite direction. hey, one can dream can't they?

Massive volume spike directing the downward move of the F fund at 1 o'clock. Who, what financial sold that amount of shares?

Any hedge fund could be responsible - the great rotation continues and may last several years. The higher we go the more anxiety is created for the pole sitters - it will take time but they will come to papa bull and it will cost them more for their positions.

So the market is off like a shot. The end of the day will be SPX 1520 or a little more, at least a 23 point jump. The seasonal for the last day of Feb is typically the best gainer of the month, possibly the year. Hold on because it's going to be a great ride. Wait till tomorrow. It'll be like, like, money!