I stand corrected. I am 3 for 3 this year. I would be 4 for 4 if I started a new thread this week featuring my latest call. But I cannot count coulda's and woulda's.
Last I checked the call in your first post of this thread is wrong as the spooz took out 940. We'll be over 1000 this fall.
the market traded below for ~3 weeks. a good call considering this is the first such weakness since the rally started.
Ear to ear, when I think of all the shorts in the strongest bull run in 60+ years. How dumb can you be.
Here is the dictionary meaning of the phrase "for now": noun the present time "that's all for now" ========================== I started this thread on May 8th with the S&P @ 928. Over the course of the next few weeks, the S&P never went higher, and was about 50 points lower weeks later. Obviously, the rally was over "for now". People are confusing the term "for now" with "forever". If I said "the rally is over forever", well that means the S&P will "never" go above 928. The odds of this happening are maybe 1 in 1000 or .1%. So for those of you rejoicing that the S&P finally managed to punch thru 928 a month later are rejoicing at an event with a probability of 99.9%. Keep rejoicing while I continue to laugh at you. In poker, if I need an ace (and only an ace) on the river, I still have a 5% chance of winning. When I said "the rally is over for now" the odds were maybe 8 to 1 or 10 to 1 against me. It's not easy to find the precise top to an upward thrusting market. But that's exactly what this thread did. When I started this thread on May 8th, it did mark the end of the rally "for the present time". I'm sure there are a few people on this board who understand statistics and can corroborate what I am saying and the probable odds of these events I outlined. I look forward to a dialogue with anyone who understands statistical analysis and wants to discuss probabilities with respect to events "for now" and "forever". Class dismissed.