TRADEFUTURES
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For Week Ending Friday 15th October at 1176.2
me again
WINNERS
Pat 494.........8
hwsteele .......6
wackypete .....4
Gaffs ...........4
N. Rothschild ..2
dpinpon ........1
Elitejets ........1
luckyd 1976 ....1
c'mon guys gotta give it a bit of welly !!
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I've got an awful feeling that Pat might have another win here. After yesterdays 1189 high with a POMO due today I started rubbing my hands. Seems I was a little hasty.
Well done Pat - and I mean that sincerely, although it would be nice if somebody broke your winning streak.
1195 - I reckon it will loiter around here ready for Election/FOMC/NFP week the week after which will trigger the fall.
Hi Guys,
Congrats to Pat 494.
I would not post my perdictions with a strong confidence at this point as we are in the midst of the reporting, and many unexpected development might occur. One week later Q3 will become much less important, as the major conclusion will be drawn, if not done already.
Who would foresee that Goog would jump more than 10% after the report and AAPL would pull back
more than 2% after beeting the expectations comfortably...
Though I would predict, that within 5 Years Goog will be a bigger CAP company than Apple.
Apple is great, but has a ton of competitoin, and not a real monopoly long-term.
Google also challenged, but currently has a bigger lead on the pack.
These two are heawyweights of the S&P500, S&P100 and NASDAQ100 indices...
Our predictionwizard system predicts Bearish Daily and weekly predictions for most of the US
indices for the coming week.
This does not mean though, that we can't reach new highs during the week, but it means, that
at least for Monday morning we probably will see some weakness, before any potential continuation
upward.
There was some unusual heavy buying during the last minute of the regular market session on the
NASDAQ.
Who knows? Maybe a well - informed participant made a huge Bullish bet.
Not again Pat.................
Just ahead of breadman this week
The index is imho in a congestion area coming into the elections. If Obama gets hammered which looks likely I see a fall, so on this fundamental my next week's forecast is 1141