S&P 500 very close to intermediate term top

Discussion in 'Trading' started by ghostzapper, May 14, 2007.

S&P 500 is very close to topping 5/15/07

  1. Yes I agree

    99 vote(s)
    55.0%
  2. No I don't agree

    49 vote(s)
    27.2%
  3. Not sure

    32 vote(s)
    17.8%
  1. volente_00

    volente_00


    You misunderstand these calls, there is a ton of money to be made , but only if you fade them .
     
    #111     May 28, 2007
  2. No offense taken sir. But might I suggest in the future you think before you speak. The ES is a"mini" instrument, or as Leona Helmsley says, "for the little people". If you are managing millions of dollars and have been around 10-20 years trading, your stock index future of choice is prob the S&P 500 futures.

    Do you not know S&P 500 futures exist ? They do. And thats how I can make a statement about the S&P 500 w/o ever trading a single es.
     
    #112     May 28, 2007
  3. Ok, now You are being ridiculous. Of course I what the S&P 500 Futures are, that's my point exactly. I know every derivative instrument of the S&P 500 and any trader who trades index futures should know also.

    But, according to your logic, only the "little people" trade ES. Brilliant! And your excuse for not know what ES means is what? You've "Been Around" 10 to 20 years, which one is it? The fact that you appear uninformed on all derivatives of the S&P 500, yet claim to manage "millions of dollars" is frightening to say the least.

    Just and observation not a pissing contest.
     
    #113     May 28, 2007
  4. Thank you for the kind explanation. If I had understood your message right in the first place I could have made millions. I'm kicking myself over the missed opportunity :(
     
    #114     May 28, 2007
  5. Goodness, is this written in english ? I don't even know where to begin, except I will say that you have confused what I said in "general" to meaning I was referring to myself. I never said "I..." and I made no "claims". Please re-read my comment, and think before you piss.
     
    #115     May 28, 2007
  6. ghost,

    So if you called this top. 1527-1529 on the S&P, and if we blow thru that top again in up coming weeks. You will admit this is a wrong call?
     
    #116     May 28, 2007
  7. Absolutely.

    When i'm wrong, I always admit it.
    And that doesn't just go for trading. It's a good philosophy to have in life.
     
    #117     May 28, 2007

  8. how many points you down already this year? HAVENT YOU HAD ENOUGH ALREADY, throw in the towel this is worse than rocky 6....



    Some degenerates just dont know when to stop the gambling....
     
    #118     May 28, 2007



  9. was this call right????:confused:
     
    #119     May 28, 2007
  10. And then he posts something as obscure as this and tries to claim hes right, AHAHAHAHAHAHAHA


    whats the billion dollar hedgefund down to these days?:D
     
    #120     May 29, 2007