BIG Calls

Let's share our long term views and analysis and make some big calls here and keep for the record.

Please discuss the actual calls and methods elsewhere, whether you agree or disagree - the market is going to tell us who was right and who was wrong.

I was saying DOW 8000 few months ago, but really what inspired me to look at that was the potential development of a H&S.

So here is the chart I posted already in the news section but someone said the news posts disappear after few days, so I'd like to keep a record here.

I'm still maintaining this view. However we haven't even touched the bottom of the right shoulder yet.

We are now going towards the top of the right shoulder...
Be careful! This will be quite the bull trap!

I imagine this series of movements will be more "politically fueled" coinciding with the timing of Obama's presidency and his proposed "changes" and their (in)effectiveness, since wall street seems to really be named Pennsylvania Ave these days.

So far so good

how is this little beauty shaping out so far?

What do you think? I sense sarcasm in your post.
I would say the bottom was nailed perfectly. The top, not so sure yet.

No i wasnt being sarcastic at all. It looked like a nice set up.

This may materialize sooner than I thought...