S&P has topped for 2006

Discussion in 'Trading' started by thorn, Nov 1, 2006.

Has the s&p topped for 2006 ?

  1. Yes it has

    46 vote(s)
  2. No, it will go higher than 1390 in 2006

    83 vote(s)
  3. I don't know / go away Thorn

    47 vote(s)
  1. thorn


    That's right. The s&p has already topped out for the year.
    The s&p will not see 1390 in 2006.
    Take it to the bank.
  2. The fool sits there predicting the market; the master admits he doesn't know what will happen and simply acts and re-acts w/ the market

  3. Do not seek to follow in the footsteps of the wise. Seek what they sought. -Matsuo Basho

    Say hi to pabst and volente in trader heaven :p
  4. S2007S


    anyone see the last 10 minutes of kudlow, asked if they were putting money into the market. 1 guy said he was doubling down and the other guy said he was buying through the election and seemed very bullish, the last guy said he wasnt buying due to the housing fallout. The 2 bullish guys seemed worried to me.
  5. thorn


    exactly what I like to hear.

    even normally bearish and negative ET members belatedly jump on the bullish bandwagon...how quickly people forget markets can go up...or down.

  6. Kudlow is still around?

    I thought Cramer did a reverse fart and Kudlow was sucked in, never to be seen again.
  7. not going anywhere without this bad boy - last time we came close to the 50 we went up for 7 days...
    <img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=1251296>
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  8. Weekly SPX chart says 1361+ is current support.

    That breaks, down to 1334 ~ 1325.

    That breaks, 1286+

    That breaks, so will the new market highs for quite some time.

    w.a.g.? Bounce from 1330's on a pull back into year's end.

    2007 is sure lining up to be most interesting, indeed.
  9. thats it...

    keep guessing till you get it right...

  10. volente_00


    Oh great, another after the fact top call after we fell 20+ points.
    Where were you at 1390 ?
    #10     Nov 1, 2006