Weekly forecast for S&P 500 cash 2011

Pat494

Pat494

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Rules of competition of S&P 500 cash

1. 1 point for getting direction correct from previous Friday close
2. Having got direction right then:-
a/ 3 points for nearest
b/ 2 points for second nearest
c/ 1 point for third nearest
3. All entries should be in by weekly opening session of US markets

GOOD LUCK
 
OK to kick off with a forecast of 1271
It is still drifting up, probably because of QE
 
hwSteeleI say 1243 for the first Friday of 2011. Happy new year every one! Hope you all make it a good one.

( he got it down on the old 2010 thread folks )
 
Pat494 said:
hwSteeleI say 1243 for the first Friday of 2011. Happy new year every one! Hope you all make it a good one.

( he got it down on the old 2010 thread folks )
Click to expand...

Thank's Pat I have been a bit swamped this week and just now looked back and saw that we have a new thread for '11.

Looks a though I was a liiiiiiiiitle bit off though.
 
For Week Ending Friday 7th January at 1271.5

Name...........Call.........Direction.......Podium.........Total
Lodian1019....1263............1..............2................3
isatrader.......1241............-................................-
wackypete2....1238............-................................-
robster970.....1245............-................................-
hwsteele.......1243............-................................-
Pat494.........1271............1..............3................4

Hope you guys lke the new layout

:clap:
 
The trend is continuing imho but near faltering so I will say 1284 this week
 
Each day it went up then down never going past 1258,(much past it) then over night punched up higher. Rinse and repeat.

I don't know this week if it get through 1258 by Tuesday (remembering Monday is mutual fund Monday)
then we have seen our highs,already. Will put a post with Friday level tomorrow.

Lodian
 
Damn - a whole half point away - must be losing my grip

:cheesy:
 
Congrats to all who got some points and I'm not talking to Pat as I am sure there is a time machine involved.:p
I am going to say 1263 for this Friday the 14th of January.

And I have but one reason...
 
I think we've topped or maybe hit new high Monday/Tuesday then down we go. I will say 1260 end of week.
 
samspade79 said:
I think we've topped or maybe hit new high Monday/Tuesday then down we go. I will say 1260 end of week.
Click to expand...


Its over sunshine, "pigs get slaughtered time."

When GS call 1500, when people I know remove their stops, when RSI hits April and Nov level and then shows bearish divergence, collapse is coming.

40 pts down this week Im looking for.

Though EW and Gann point to 1286, Im bored of the rally now, time for tears and blood.
 
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