S&P 500 looking very toppy

Discussion in 'Trading' started by rubberbird, Jun 20, 2005.

Is the S&P 500 about out of gas?

  1. Yes, rubberbird is usually correct

    67 vote(s)
    33.3%
  2. No, there's more upside ahead

    46 vote(s)
    22.9%
  3. I don't know/ I don't care/ the bird is an idiot

    88 vote(s)
    43.8%
  1. you tell him Charlie!!:D :D
     
    #61     Jun 30, 2005
  2. I steadfastly hold this belief.

    Have a great long weekend everyone! Stay off the drugs!
     
    #62     Jul 1, 2005
  3. I still believe S&P will crap out @ 1205 tops
     
    #63     Jul 5, 2005
  4. I dont know the rubberbird, i am not not touting for the bird, but that was a bloody bonza call.
    Good stuff.:)
     
    #64     Jul 5, 2005
  5. Thanks..but it's not over yet. market looking good. will 1225 hold?

    It ain't over til the lithium kid sings.
     
    #65     Jul 5, 2005
  6. I don't understand. Do you think it's going to head down at this point (about 1205), which is what you were saying earlier, or go up to test 1225, which you said in your last post?

    -Raystonn
     
    #66     Jul 5, 2005
  7. I think he meant 1205 for today, the 5th. Tommorrow brings another day of psychosis to deal with.

    Now that the hurricane has caused evacuations of all Gulf oil rigs... oil should easily climb back over 60...

    Then it gets interesting, again.
     
    #67     Jul 5, 2005
  8. Are you saying I should interpret 1205 as a time rather than a price? That doesn't seem consistent with how he has spoken in past posts...

    -Raystonn
     
    #68     Jul 5, 2005
  9. from what I gather

    1205 is the price on the S&P cash index. Not the futures...

    but anyone in the know, please feel free to clarify.
     
    #69     Jul 5, 2005
  10. It doesn't really matter. They're about 4.00 apart from each other. What I really want is clarification on his statements regarding 1205 and 1225. He indicates he believes it will tank now at 1205, but then he indicates he believes it will go to 1225 first. I'm just trying to understand his position...

    -Raystonn
     
    #70     Jul 5, 2005