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Thread: S&P 500 hitting a five-year intraday high

  1. #1
    Join Date
    Feb 2011
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    Default S&P 500 hitting a five-year intraday high

    Wall Street rose on Thursday, with the S&P 500 hitting a five-year intraday high, on improved housing and jobs data as well as better-than-expected results from online marketplace eBay.

    => if not because of CM7. ...
    Ride at your own risk !!!

  2. #2
    Join Date
    Jun 2011
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    6,134

    Default

    Quote Originally Posted by phantom_opera
    Wall Street rose on Thursday, with the S&P 500 hitting a five-year intraday high, on improved housing and jobs data as well as better-than-expected results from online marketplace eBay.

    => if not because of CM7. ...
    maybe because of crl...
    In the final analysis.....its NOT whether you have a diploma,degree,masters OR PHD....its whether you have a HDB/PC/EC or LANDED...

  3. #3
    Join Date
    Jan 2013
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    82

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    Quote Originally Posted by phantom_opera
    Wall Street rose on Thursday, with the S&P 500 hitting a five-year intraday high, on improved housing and jobs data as well as better-than-expected results from online marketplace eBay.

    => if not because of CM7. ...

    psycho barrier coming up at 1500. Based on technicals alone, all 3 major indices could be forming bearish divergence soon. so guys better be careful. There could be a correction coming up soon when SPX hits ~1500, Dow ~14000. In fact, nasdaq looks alittle bit out of steam already.

    On the other hand, RUT which is a leading indicator for some, looks ready to chiong.

    Just sharing my 2 cents. So do your own due d.

  4. #4
    Join Date
    Jul 2009
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    7,482

    Default

    Quote Originally Posted by phantom_opera
    Wall Street rose on Thursday, with the S&P 500 hitting a five-year intraday high, on improved housing and jobs data as well as better-than-expected results from online marketplace eBay.

    => if not because of CM7. ...
    CM7 is to help the market remain more sustainable over the longer term.

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