Weekly forecast for S&P 500 cash 2011

[robster970]

1248 for me this week I reckon.

If it breaks that level, I reckon things will get interesting for a while.

 

[tim3]

Well done robster.

1259 this week please Pat.

 

[Pat494]

My indicators say a small drop next week but because they lag a lot I think it may just have an up week for a change and I will say

1292

 

[isatrader]

I think the market could sell down to the 1250 area and find some support as there's the combination of the 200 day moving average the March low and the rising 2 year trend line in that area.

So I'm going to go for a close at the end of the week at 1280

 

[BeginnerJoe]

My gut indicators tell me to go all out selling on the index.

 

[dpinpon]

Still bearish sentiment for next week, ok, 1250 critical support, thinking next friday should stay above, 1260 for me.

 

[Pat494]

My gut indicators tell me to go all out selling on the index.

Are you going with your guts ?
Or some other part of your anatomy ?

 

[BeginnerJoe]

Are you going with your guts ?
Or some other part of your anatomy ?

I am thinking of going all in, guts and everything else. I see this as the opportunity of a lifetime. It's more or less dead cert a big collapse will happen at the end of the irresistible and agonizing decline for the whole of June.

 

[Gaffs1964]

1250 for me this week please

 

[BillSimmons]

1314

 

[pipert]

New here. 1285

 

[Atilla]

1296 per me please

 

[wackypete2]

It seems my indicators are telling me I'm below average
My school teachers used to tell me the same thing :whistling

Still, I say 1300 this week

Go me!

Peter

 

[Pat494]

New here. 1285

welcome

 

[Pat494]

1314

welcome

 

[Pat494]

wt average = 1276
average = 1278
up = 8
down = 5

good analysing

 

[BeginnerJoe]

Put me down for 1265. I Just sold 10 of the Sep SB contracts at that price.

 

[Pat494]

Put me down for 1265. I Just sold 10 of the Sep SB contracts at that price.

OK Joe 1265 it is - a bit late but let's bend the rules a bit

x
x
x
x

just this time bud

 

[BeginnerJoe]

I have to go play sports signal just showed up. So I sold out at 1261. I didn't want my position to hang out while I am away. But my target stands. Thanks for bending the rules for me. I am new at this.

 

[Pat494]

________________________________________
For Week Ending Friday 18th June at 1271.5

Name...........Call.........Direction.......Podium .........sub Total……………Total

Isatrader……….1280.….……1………………….1…………………….2……………… … ….19
Av………………….1278…….….1………………….2…………………….3……….….…. … …14
Pat494…………..1292……..…1………………….0…………………….1……………… . .….11
wackypete2.….1300………..1……….………….0……….……….…1………….…… … …..9
robster970…….1248………..0………….………0…………………….0…………..… …… .…8
axp……………….------.……….0……….………….0…………….………0………………… … . .7
Tim3............1259........0................0.. . .............0....................7
Wt av…………...1276.………….1…….…….…….3………………..….4……….………… . ..6
Gaffs1964……..1250………….0…………….……0…………….………0……………… … .…..5
dpinpon.........1260.........0..............0... .............0......................4
Atilla……………..1296………….1……………………0……………………1………………………. .4
brettus.........-----….........0...............0.. ..............0....................2
pipert...........1285..........1...............0.................1....................1
BillSimmons....1314..........1...............0.................1....................1

Only a 0.5 pt rise this week but a rise is a rise. The 2 averages scored top marks this week. Maybe I was more right than I thought when I made the assumption last week that we had unconsciously made a team !
So good team effort everyone

:clap: