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. That is probably the best call on ET to date, Where can i buy Calls???:D


    I am fully long a ghostzapper pompous rant!!! 4-1 margin, expiry date 3 days from now anyone care to challenge?


    Long 100 (rubberbird rants about his defunct hedgefund)Calls

    Strike of 0 since thats the number his hedgefund is dropping off the backend by the day.



    1,000,000,000

    |
    |
    |
    |
    V
    0
    SPX 1000


    100,000,000
    |
    |
    |
    V
    0


    SPX 1100

    10,000,000
    | |
    | |
    | |
    VV
    00

    SPX blows through 1440

    100,000
    | | |
    | | |
    | | |
    VVV
    000

    SPX blows through rubberbirds 1500 CNBC all time high

    100$

    doulbing down with the last of the clients money


    Exit at 100$ for a hooker from the bronx(risk management)


    That is how you take a billion dollar hedgefund down to a gummer with no teeth, written by the bird.
    :D

    Rubberbird owned and operated hedgefund:minus -999,999,900



























    KNOWING YOU JUST GOT A BILLION DOLLAR GUMMER FROM A CRACKWHORE: PRICELESS:D

    There are some things money cant buy......... For everything else there is a defunct lunatic on ET who is a wannabe hedgefund manager.:D
     
    #241     Jun 1, 2007
  2. great strategy lol
     
    #242     Jun 1, 2007
  3. Good call ! I will be back...once more...to either

    1) accept accolades for this great prediction

    2) admit I was wrong

    between now and 6/15
     
    #243     Jun 3, 2007
  4. What, still can't hear you. :D
     
    #244     Jun 3, 2007
  5. Ghostzapper right on the money as always !
    I wonder how much premium erosion on the June S&P calls there is today ! 20% ? 30% ? Maybe 40% !!
     
    #245     Jun 4, 2007
  6. 100% Accuracy or 100% stupidity?
     
    #246     Jun 4, 2007
  7. Right on the money! 100% accuracy! :D
     
    #247     Jun 4, 2007

  8. hello?
     
    #248     Jun 4, 2007
  9. --------------------------------------------------------------------------------
    Quote from polpolik:

    How do you define close in terms of time and points?

    1 day? 1 month? 6 months? if it crashes in 2 months, will you claim to have accurately predicted it?
    --------------------------------------------------------------------------------


    --------------------------------------------------------------------------------
    Quote from ghostzapper:

    Within 1 month, and the upper parameter is that it stalls out at the old highs of 2000.
    --------------------------------------------------------------------------------


    --------------------------------------------------------------------------------
    Quote from ghostzapper:

    From the beginning of June thru the second week of June, the S&P will make a final top to coincide with the 2000 highs, and then proceed to correct. This will be an intermediate term top.
    --------------------------------------------------------------------------------
     
    #249     Jun 5, 2007
  10. And now the end is near. Yes a sharp selloff.
    The silence of the sludge dictates that !
     
    #250     Jun 5, 2007