tag:blogger.com,1999:blog-1527840491496268397.post7680337317206984529..comments2024-03-08T11:20:30.095-07:00Comments on Credit Bubble Stocks: What Happens After Seven Straight Down Days?Unknownnoreply@blogger.comBlogger6125tag:blogger.com,1999:blog-1527840491496268397.post-41070814009195498672011-08-05T13:10:56.419-07:002011-08-05T13:10:56.419-07:001199.38! Woohoo! ;)1199.38! Woohoo! ;)Stagflationary Markhttps://www.blogger.com/profile/04568993350246477976noreply@blogger.comtag:blogger.com,1999:blog-1527840491496268397.post-18743257584612330582011-08-04T17:35:11.211-07:002011-08-04T17:35:11.211-07:00Nope!
The Rubicon joke cannot happen this week. T...Nope!<br /><br />The Rubicon joke cannot happen this week. There isn't enough time.<br /><br />The S&P 500 must close below 1200. That resets the joke.<br /><br />The S&P 500 must then close above 1200.<br /><br />The S&P 500 has crossed above 1200 25 times. It first crossed in 1998.<br /><br />26 would be truly miraculous! There will be much confetti! ;)<br /><br />(What is truly scary is that I didn't feel the need to adjust the 1200 level for inflation. Maybe I looked at too many Japanese stock market charts.)Stagflationary Markhttps://www.blogger.com/profile/04568993350246477976noreply@blogger.comtag:blogger.com,1999:blog-1527840491496268397.post-50874305527340343042011-08-04T16:42:17.608-07:002011-08-04T16:42:17.608-07:00Haha. It's an 11 handle after hours. Does that...Haha. It's an 11 handle after hours. Does that count?CPhttps://www.blogger.com/profile/12701174164478027499noreply@blogger.comtag:blogger.com,1999:blog-1527840491496268397.post-12356821692494039722011-08-04T16:41:10.742-07:002011-08-04T16:41:10.742-07:001200.07?
It teases me.1200.07?<br /><br />It teases me.Stagflationary Markhttps://www.blogger.com/profile/04568993350246477976noreply@blogger.comtag:blogger.com,1999:blog-1527840491496268397.post-19748287090756658242011-08-03T10:14:10.367-07:002011-08-03T10:14:10.367-07:00Oh, I am sure we'll be crossing it again, soon...Oh, I am sure we'll be crossing it again, soon.CPhttps://www.blogger.com/profile/12701174164478027499noreply@blogger.comtag:blogger.com,1999:blog-1527840491496268397.post-28309117565271394942011-08-02T22:43:21.730-07:002011-08-02T22:43:21.730-07:00I'm looking for 1200 on the S&P 500.
The ...I'm looking for 1200 on the S&P 500.<br /><br />The reason is not what you might expect.<br /><br />It's just been a long time since I've been able to mention the <a href="http://illusionofprosperity.blogspot.com/2010/12/crossing-s-500s-rubicon-v25.html" rel="nofollow">Rubicon</a>.<br /><br /><i>I sure hope someone is thinking of selling something someday or it will ruin my ongoing Rubicon joke.</i><br /><br />I'm in no particular hurry though. I'm sitting in long-term TIPS and I-Bonds that I intend to hold until maturity.<br /><br />If it happens it happens. If not, so be it.Stagflationary Markhttps://www.blogger.com/profile/04568993350246477976noreply@blogger.com