S&P has had it ! Intermediate term top right here !

I agree. With that said I'll be covering some puts around 1430 SPX because I think we'll bounce 60pts from there. However the next leg down will take SPX to 1310 sometime in Q4.

 

Well said.

 

the S&P won't see 1555.9 for years.

who disagrees ?

 

I think we will see 1555.9 in 2 years at latest.

 

And what if you're wrong? Gonna buy everyone drinks?

Picking tops and bottoms is a loser's game.

 

I don't know about that.

Picking this last top w pinpoint precision has been worth about +7% in a week,
putting my return at about +17% YTD.
If that's a losers game, i'll play !

 

No, but if it goes above 1550 in the next few months i'll prob lose $

 

you still laughing ?

 

where are all the 100% up, no risk people ?

I wanna talk to you about the end of the 4 year bull market .
Please come back !

 

Talk to your margin clerk instead, he will call.. sooner or later.