Forget about S&P 1000

Discussion in 'Chit Chat' started by B. Rowshan, Jan 2, 2009.

Will the S&P see 1000 in Jan 2009?

  1. No, I agree w rowshan

    14 vote(s)
  2. Yes it will! we're going higher

    21 vote(s)
  3. hey rowshan--take your polls and stick em

    22 vote(s)
  1. S2007S


    These last 2 days I have added the most inverse positions in a long time.


    I'll let you know how it goes.
    #21     Jan 2, 2009
  2. Yet you still follow me all around ET like a sick puppy. Go figure.
    #22     Jan 2, 2009
  3. explain this
    #23     Jan 2, 2009
  4. Already tried that route. More convenient to not answer, I suppose.
    #24     Jan 2, 2009
  5. I already know how it goes with you.
    You claim to put on all sorts of inverse ETF positions, yet do so without any stop losses.

    You are LONG the FAZ at $54.29 average price for two accounts and it closed today at 34.30
    That's nearly a 40% LOSS in just three weeks!

    Furthermore, as usual you REFUSE to post a "screen-shot" of your positions, when asked.
    Why is that?

    Do you really TRADE for a living, or do you attend the local junior college and receive a small posting "commission" from Baron for helping to generate web-activity on ET?
    #25     Jan 2, 2009
  6. And this is how you lead by example ?:confused::confused:
    #26     Jan 2, 2009
  7. I'm thinking turd3r and rowshan are related somehow...
    #27     Jan 3, 2009
  8. Excellent trading. We're in a recession, there is simply no way you can lose money with these double and triple short ETFs in a recession.

    In fact, they're like free money.
    #28     Jan 3, 2009


    You are right that it is still a bear market, whether SPX would see 840 before 1000 I have no idea. One thing to note - SPX is now trading above 50 average, for the first time in quite a few months. Yet the index locked above 50 average on relatively thin volume. Next resistance is 950, then 1000.

    If you got a sell signal, then sell :)

    P.S. If this is an IHS with LS @ OCT/NOV, H @ NOV/DEC, RS @ DEC then we just might see 1000 before 840.
    #29     Jan 3, 2009
  10. Lead by example? What are you talking about? I'm a forum moderator, not a supreme court justice or something.

    You still haven't answered the question, though.
    #30     Jan 3, 2009