2011 Market Insights

http://www.djimstocks.com/2011-market-calls/

Mid Dec. week, SP 1200-1220- following Draghi/ECB,.... ("A bazooka result to keep calmness in peripheral Euro bonds may not be needed with all that has been done recently. The ECB liquidity measures were overlooked last week, they will be a big help here.".)  This became known as LTRO as the market rallies into 2012

BMO/Nov.17th, SP at 1237.. noted USD funding stresses coming..."...Here, still looking at 1230 to 1220 as last support before drop below 1200...".    Market falls to SP1160 within days.

Nov 6th- SP at 1275/ Noted Yield going over 7% for Italian debt...."...A fresh and likely biggest wary to look at is Italian bonds/yields. ECB is intervening holding it below critical 6.5%, if it gets above it may trigger ..."  Nov. 6

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• Sept 21st-  SP at 1200, call for new low at 1090 for Q4(Oct- Dec) substantial run-up with trigger to be  'recap of Euro banks'. (click link above)

• July 28th-  SP exit at 1300+ (link above)  “. ….It’s probably best to take August off and get refreshed for what may turn out to be a very meaningful last Q run-up.”.

• March 16th- SP Bottom at 1250 (link above), Highs of SP1370 hit in May, 1250SP not seen again till summer.