YaKa

SP500 - 1990-1995 - Key trendline in Logarithmic and Linear

FX:SPX500   S&P 500 Index
266 23 3
Just as a reference.
for the moment, it broke out and retest
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YaKa jangseohee
Good one Jang. That's probably what is retaining close to top... Need to break below 2040 then.
+1 Reply
fingers crossed !!!
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http://www.businessinsider.com/fundstrat-tom-lee-2015-forecast-2014-12
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YaKa charlie.delta.trader
I agree with one thing: if the market is going to be very bullish until the last day of the year, the max top could be 2325 (exactly)..

BUT i think the max scenario is not going to happen. Anyway i will have time to adjust and that would mean the july/oct correction would be shallow instead of deep as i forecast.
-1 Reply
YaKa charlie.delta.trader
Well - By now, i know you are very bullish.

Step by step, for now I firmly believe it is a short to 1930/1880... That bottom needs to be bought to 2140.

The next top will probably be in June/july15. But after that I think the market is going to endure a severe correction of 20%. Your scenario could come after that.

Again, i am interested to legs that are common to many scenarios (the bear and the bull)...

Then when the market is short for a few weeks, you see if one week breaks it all...

Same with the long, you buy 1880, you are long for 3months... if one week does 1950/2050 in one go and there remains 6 weeks to go, you know it can go higher... etc..
+1 Reply
Look: perfect symmetry

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YaKa charlie.delta.trader
Charlie, you made your point. Thx for this. You don't need to convince me, going to be tough, as i pick up on stuff and a few times a year, I have a conviction which is the case here.

I tend to know when i know and when i dont... here my short feels very natural. It s going to make money.
+1 Reply
YaKa charlie.delta.trader
Charlie, question: are you trading? becausse i recall you sending me a bull chart in dec.. I was short and it fell 5%... did you hold through and you are still long?
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