Summer markets, bull or bear? (Poll)

Maybe this will help.

https://docs.google.com/spreadsheet/ccc?key=0AjcECxXNIPcKdEtxTC1qVUszRm1ac2YxaXg2a2NjTXc

This looks back at the past 10 years months up or down.

The main summer months I count the same up as down or 50/50.

 

Within the next six months my more serious prognostication would be up.

I think this market wants to continue on the same path and have no technical charting

reason to think otherwise.

Same mid to long term channel is still being respected.

I refer to the monthly/weekly for this statement, not hourly/daily charts.

I have given a lot more analysis on my log and the "CountDownToBlastOff" thread.

 

I always thought May was known as bullish for this adage,

as in a good time to sell at highs for the year before going away.

 

My two pennies.

 

Also I think you should have made this thread a poll. Not a lot of trouble for just a one time topic like this.

I think you can still goto "Edit Thread" a start one, but I'm not sure.

I'm in! 

"Rally back to all time highs"

 

I'm planning to be 33% out of longs if 1450 by that time.

And another on chance of farther...

The last third I will play it by ear.

Thats my plan.

Market correction! Woohoo!

Market Correction.

correct this pos non fundamentally sound market

market correction

 

the monthly charts do look topped out to me. here on the s&p you can see we had a hanging man tweezer top to end last month, and for this month (albeit it's still early) we're already starting off with a lower high. a break of that 1357 (last months low) and i think this could see a pretty significant move down. then i think 1315-1300 could be here fairly easily... and lower levels would be applicable.

 

 

same thing i'm seeing on the naz, tweezer top hanging man, lower high to start off this month, and we now have a lower low. although this month is still young, we did bust through and close below a big support line. uh oh... that is no good. this one could get ugly and fast. will be watching this real closely.

 

 

i do think a 10-15% correction is quite possible here. we shall see. should be an interesting summer that is for sure. 

 

 

great poll idea btw media! thanks.

m/c

we are still in the large minority tho

I've been tracking the percent differences from Jan. on this spreadsheet.

https://docs.google.com/spreadsheet/ccc?key=0AjcECxXNIPcKdGJBV2pCdFdObms5OXBPR3dOb1ZfeVE

 

If you like I can throw this in my Poll Result spreadsheet.

https://docs.google.com/spreadsheet/ccc?key=0AjcECxXNIPcKdGJPbnZZeVdIWWRGdE9uMUJwa1FCS2c

 

Just a thought, if Bigbear, Ichi, or anyone else would like me to track any HSM polls, no problem.

 

07Media with your permission of course, maybe as a start it can look like this.

I just picked the S&P day close on your post #1 date. Not sure of exact starting point in mind.

I can add all 3 index's too.

 

Let me know if you think it is a good idea, feel free to PM me.

Markets heading lower, until proven otherwise!

already a 9.55% correction from most recent highs to today's lows.. damn that was fast lmao spx goes up for 3 - 4 months then wipes all gains in half a month... there's something so funny about it lmao

 

take all ur money then appreciate the USD lmao that was a good one too.

So I am the only one who picked "Full on market crash!"...what the?...I hate to say "I told you so" but....

I voted for flat -we should be in a range as wide as 1220-1460, and could see us at labor day anywhere in that range. I definitely feel this market wants very badly to make another good push. If we breach 1200 ... Then reassess core assumptions.

The market will rally to new highs. That's the only way this present administration has a chance of winning in Nov. I hope I'm wrong or that it won't make a difference.