What are you saying "doubtful" to ?? You are agreeing w me ! I'm saying the S&P topped @ 1527. Have you not read the thread ?
So... just so I can take note for next time? Every time ES is going down 8 points we're topping out for the intermediate term?
Lol, whoops I guess this is what happens when you are trading, watching price action and trying to post on ET at the same time, something has to give!
You didn't see Bush riding a hot air balloon into Wall Street today?!?!?! He said so! Bernanke even laid out a trail of $100 bills for Bush to walk on his way into the NYSE.
W all due repsect, any relevant trading sentence of mine is more real than your entire financial career. You ask "who says so ", check statistics. Somewhere around 80% (or 4 out of 5 to you) of the pre-long weekend market trading has been up. These stats have been compiled over a long period of time.
It's amazing that this is a "trading" message board yet no one is able to objectively discuss and acknowledge informative trading threads like this.
ghostzapper, calling a tops like this doesnt take much skill. What if you are wrong? Then what? Did you make or lose any money? First you post that the top is near when S&P is at 1503. Then you said the market will top out the first half of June. Then you said it'll stall near the old high of 1527. If you claim to be 100% accurate, why don't you show us your statement and see how you shorted the ES at the exact top or bought some puts on it. And the fact is, the market can rallied right back near the highs next week. Then you will pull the older claim out of your arse that it'll fail in June. It is not June yet, not in New York anyway. So your timing was off. There's no 100% accuracy here.