claydoctor

SPY BREAKS THROUGH RESIstance

AMEX:SPY   SPDR S&P 500 ETF
134 8 1
NOTES ON CHART, and... but remember folks, not taking the pain along the way, with 10% or greater corrections, expands multiples and valuations like the crew of the star ship enterprise... where no man has ever gone before.
LETS GET THE DEMS ELECTED IN NOVEMBER, is the cry of the land, behind the scenes, AND they will not be re-elected if its a bear market. So the money the US govt gave the banks, are being controlled daily as to what stocks and volumes to buy or sell, as well as our own govt directly buying and buying and buying, as well as their own debt when needed.
bouncerhvj
2 years ago
Thanks for your insight, but I have to respectfully disagree with the idea that this Bull market will never end. I do believe we should get at or close to the all-time high, but any more than that causes concern of over paying for stocks at a valuation that they are not worth.
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claydoctor bouncerhvj
2 years ago
Reply all: I as being facetious. Anyone who has followed me or has read any of my comments on my other posted charts would know that.
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Johnathan
2 years ago
Thank you for taking the time to post but a 15 min chart? 15 mins later the pattern can easily change. It's not a strong enough pattern to draw any solid conclusions from as yet.
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Barabbas Johnathan
2 years ago
What would you expect from someone encouraging others to vote Democrat except short-sightedness...?
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claydoctor Barabbas
2 years ago
And you , Barabbas, nice name. Know any Latinos named Jesus? Insulting me only displays your ignorance. Why do you think I put the intro in all caps? The point is, the Dems will do just about anything to get elected and re elected, even destroy capitalism, wait, maybe that is the master plan after all, duh, destory capitalism and get elected at the SAME TIME, WHAT A CONCEPT! And now they want to take over and regulate the heck out of the Internet, tax it, spy it. Yeh, that's a great way to stimulate this economy, cause one half of ecommerce GDP to crash! Its all sarcasm, because frankly,. it so rediculous, I have no other words for it. I met with a major hedge fund manager today. Leave no doubt, the markets have been controlled by the Dems in power for years now. Every dip is planned, and controlled. The only way you can make serious money is to follow individual stocks, and play them carefully, where there is no doubt of a move based on good ol fundamentals. Lightten up everyone, or do me a favor, don't follow, and don't post on my account.
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claydoctor Johnathan
2 years ago
Of course you are correct, and the facetious nature of my posted chart, and the one before that,
SPY, a backtest for the ages

, "a back test for the ages", goes along with this. Wait, the markets down today, lets just print some more money. Just having a little fun. :)
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BizkitBR PRO
2 years ago
I saw the humor in the post right away but I also get Rush Limbaugh and his style of wit\humor ... yours style and Rush are similar... Quite a few people don't get his brilliance just like they don't get the humor\facetious in this post...
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claydoctor BizkitBR
2 years ago
Thanks. Maybe it is a sign of "I don't get this market", to release that frustration in wit and humor, albeit - kindly said - unfamiliar to most. Rush vents also because of his frustration with everyone who doesn't align with his views. I am a Christian conservative, that is to say to this forum, I believe that we should adhere to the spiritual values of Jesus personally and socially, and with conservative principals in our monitary and investment policies. When it appears that the entire world now depends on the words and opinions of three monitary boards, mainly the FED, that is anything but conservative. When the housing bubble burst, we did everything but conservative repairs. We did the opposite. Two wrongs don't make a right, or it right, or repair it. I'll expand that to say we have done hundreds of wrongs, all trying to make it better. Instead, we are now so far off track of where we came from, having spent hundreds of years tweaking the system, we are in a different model now. We are in a completely new new financial system now, we just don't see it that way yet. The new system (a new world order will result from this also) is a given, but I fear its name, its driver, its rules, its benefactors more than I do the change itself. By not addressing the crisis as we should have, enduring the pain that was required, we have created a world of cowards, encouraged laziness, entitlements, pressing the "easy" button again and again until one day it simply will stop working, and planted a money tree and worn out the path to it, striping it of its fruit and yes now even its seeds, so that it can give no more fruit. This bull run will never happen again, and when this markets crashes, it will change the world forever, and when the crash is over (no, I don't know when), and we look back years from now, we will see it clearly and say, well it was inevitable.
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