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Here is a link that you’ll want to consider: Click Here Should the S & P 500 continue its run, 2350 is not out of the question, but I believe that would be a blow off top! Keep your stops tight if you are still in the...read more
In one of my recent posts I commented that the market could attempt a rally back to 2050 for the S & P 500 and this was almost accomplished with a run back to 2020. I now looks like we will be retesting the August lows around the 1870 level. If we have a...read more
OPTIMISM It all starts with a positive outlook or something that leads us into buying a stock. EXCITEMENT The stock price starts moving our way and that feeling of excitement begins. The market continues to act favorably and the feeling of confidence grows. This is a...read more
Will the Past Repeat Itself?
If we go back to the last major market top in 2007, the area of distribution starts in March of 2007 and runs through January of 2008. The top took 9 months to form. The markdown phase started in January of 2008 and continued until March of 2009, with a bottom in the S & P 500 at 666.
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Living the Good Life
Sharing my insights from my 25 years spent in the brokerage business.