Seeking Alpha

aarc's  Instablog

aarc
Send Message
Back To aarc's Instablog HomePage »

Instablogs are blogs which are instantly set up and networked within the Seeking Alpha community. Instablog posts are not selected, edited or screened by Seeking Alpha editors, in contrast to contributors' articles.

Comments (3)
Track new comments
  • tradingxyz
    , contributor
    Comments (17) | Send Message
     
    do u think the sp500 will reach 1276?
    14 Apr 2010, 12:35 PM Reply Like
  • aarc
    , contributor
    Comments (2746) | Send Message
     
    Author’s reply » 1256/57 more likely but scary since Russell will be hitting max limit before that time. Banking sector will also be over-heating soon together with Transports if SnP tries hard to reach 1257.

     

    Very seldom did SnP was able to reach maximum target since it is a broad index. Nasdaq can do it more often than either Spx or Indu.

     

    Play safe: 1227 to 1243 is my ideal target range based on the daily and 240min charts for fine-tuning purposes.
    14 Apr 2010, 02:44 PM Reply Like
  • The shark
    , contributor
    Comments (159) | Send Message
     
    Thanks Aarc,

     

    I took on board your comments from a few weeks ago where you predicted a rally up to the 1,250 level. I was very negative at the time and had exited most of my positions. As a result of your comments I relooked a few things and took a view to "very short " term trade what was left of this "rally" . I have had a good 12-15% on just about every long trade position taken - I have started to lock in the gains.

     

    Thank you I appreciate your commentary and insights.
    14 Apr 2010, 03:44 PM Reply Like
Full index of posts »
Latest Followers

StockTalks

More »

Latest Comments


Most Commented
  1. Merry Santa Claus Rally (5 Comments)
  2. The Acid Tests (3 Comments)
  3. Sticks And Stones Part III (3 Comments)
  4. Back to Sept 2008 (2 Comments)
  5. Global Outlook (2 Comments)
Instablogs are Seeking Alpha's free blogging platform customized for finance, with instant set up and exposure to millions of readers interested in the financial markets. Publish your own instablog in minutes.