tag:blogger.com,1999:blog-12333088.post8962318609810497745..comments2023-11-10T05:07:19.026-05:00Comments on Carl Futia: Guesstimates on August 15, 2011Carl Futiahttp://www.blogger.com/profile/01624989905417650273noreply@blogger.comBlogger7125tag:blogger.com,1999:blog-12333088.post-14594058863586501312011-08-15T18:28:59.735-04:002011-08-15T18:28:59.735-04:00Carl,
Every dummy is going short at all these fib ...Carl,<br />Every dummy is going short at all these fib retracement levels. Market will keep going up to at least 1220 ES before a small pause. Too much bearishness.Winhttps://www.blogger.com/profile/04040943114916173740noreply@blogger.comtag:blogger.com,1999:blog-12333088.post-59950495721040753482011-08-15T14:00:52.501-04:002011-08-15T14:00:52.501-04:00still following you thanksstill following you thanksSmallInventorhttps://www.blogger.com/profile/06148763537704272287noreply@blogger.comtag:blogger.com,1999:blog-12333088.post-4872594162323291522011-08-15T13:12:02.688-04:002011-08-15T13:12:02.688-04:00Last week, between Monday and Friday, new lows dec...Last week, between Monday and Friday, new lows declined by over 90%. It is unlikely the recent lows will be violated.<br /><br /><br /><br />The Reuters/University of Michigan index fell nearly nine points to 54.9 which is just below levels during the worst of the 2008 meltdown. This is nearly a record low, next only to the Iranian hostage crisis and oil embargo of the late 70s and early 80s. The expectations component, which is the leading component, fell more than 10 points to 45.7, again very severely depressed and near a record low. The current conditions component fell less severely, down more than six points to 69.3.<br /><br />Mike BurkAlexGavhttps://www.blogger.com/profile/17836802409803088424noreply@blogger.comtag:blogger.com,1999:blog-12333088.post-34560810741991963612011-08-15T13:05:42.362-04:002011-08-15T13:05:42.362-04:00Take a look at PNF Chart daily
Bearish Price Objec...Take a look at PNF Chart daily<br />Bearish Price Objective met at 1140<br /><br />We are going into new highs<br />Nobody thinks it's possible<br /><br />It's a contrarian view?<br /><br />http://stockcharts.com/def/servlet/SC.pnf?chart=$SPX,PETHDANRRR[PA][D][F1!3!!!2!20]&pref=GAlexGavhttps://www.blogger.com/profile/17836802409803088424noreply@blogger.comtag:blogger.com,1999:blog-12333088.post-50811304545180071302011-08-15T13:02:08.449-04:002011-08-15T13:02:08.449-04:00I think it all hinges on Europe. If Europe holds u...I think it all hinges on Europe. If Europe holds up this market is on its way up to 1,400 non-stop, and by that I mean this market will not see 1,100 again in 2011. If Europe doesn't hold up, and the debt crisis implodes bringing down european stock exchanges then North America will go down in sympathy. Let's face it nothing happened here in the US over the last 4 weeks to justify the current lower valuations, the market is 150 points undervalued right now. The only reason the market is trading so low is the risk of a european collapse and a recession that would spill over to North America. If this risk doesn't materialize over the next month we will see 1400 by the end of the year.Billhttps://www.blogger.com/profile/15515218349376008994noreply@blogger.comtag:blogger.com,1999:blog-12333088.post-92128951295479329182011-08-15T12:56:50.629-04:002011-08-15T12:56:50.629-04:00What happened to 1010?
BRWhat happened to 1010?<br /><br />BRCarl Fredrikhttps://www.blogger.com/profile/08191988791338702211noreply@blogger.comtag:blogger.com,1999:blog-12333088.post-34690442517889974992011-08-15T10:45:12.844-04:002011-08-15T10:45:12.844-04:00So is the three kings over and are we about to see...So is the three kings over and are we about to see the market collapse after the spx1200Simhttps://www.blogger.com/profile/18146959327921824557noreply@blogger.com