I'm calling it - The Top Is In

hey cat...your call was as bad as mine...terrible

 

Just imagine what might be possible if you were to stop and think about what you are doing?

 

Making money. What might be possible?

 

the moment the call is wrong, i will say the call is wrong

but those who call it wrong, before there is either a new closing or intraday high are doing the exact same thing you are accusing me of

saying that the market will make a new high (which is what you're doing by calling the top call wrong) IS a prediction, and an incredibly hypocritical one at that

 

really.......did the market make a new high i'm not aware of?


for the record, I called the top as one week, before the day I called it confirmed the last day of the month at 1057

the call has been as much as 38 points in the green, and currently sits at 8 points in the red from the moment i called the top confirmed

it has never made an interday or closing new high

 

New highs are a matter of time now, the last retracement was just that, a retracement.

I'm just telling you before hand, just like you did with your top call

 

<img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=2599285>

 

<img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=2599288>

 

Weren't you only calling for a move down to 1019? That already happened. Are you saying now that this is a longer term top? Just wondering...

 

the thread was saying the top of this run is in, and i meant more than just a week

someone asked how to play it, and i said the 'easy segment' was a run down to 1019, the 200 month moving average (which went 3 ponts higher to 1022 this month)

that happened almost immediately, about 8 market hours

look at the voilume down, vs up in the last week - consistent with distribution