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)
    26.1%
  2. No, it will go higher than 1390 in 2006

    83 vote(s)
    47.2%
  3. I don't know / go away Thorn

    47 vote(s)
    26.7%
  1. There are ways to make a top call. Risk 1% of portfolio max, trade it with a 2-4 pt stop and let it run for a homerun. If your wrong, you should most likely reverse and you will make it back in your next 1 or 2 trades. Dont wait for market to drop 10-20 points, go short and start adding more when it starts coming back up. 7 out of 10 tops always have a retest, that is the best way to get in with limited risk. Bull markets never just roll over.. plain and simple. If you have learned anything from these posts, take away the point that you should never short the bottom and always risk a small amount because even if your skilled like some of us on here are, you will be wrong about 30-40% of the time making a climatic top call.
     
    #281     Nov 16, 2006
  2. Have you read through my site?

    If you've determined that you fit the description of an endogenous opioid deficient refractory depression patient, you have to understand that any opioid besides buprenorphine should be regarded as a <b>temporary</b> solution at best. With bupe, you don't build up a tolerance: Your dose on the first day is the same as your dose two years later. With anything else, you'd inevitably be forced to keep spiraling the dose higher and higher.

    But first, you really need to determine whether endorphin deficiency is truly relevant to your case, or not. Also, Nubain in particular is usually only appropriate for female patients.This thread isn't the best place to discuss it- This one is. Physicians capable of recognizing and properly treating endogenous opioid deficiency depression are extremely rare (which is why I've taken thousands of hours of my time to learn how to properly do <i>their</i> job in the first place), but if you PM me your phone number, I'm willing to ask you the right questions to figure this out.
     
    #282     Nov 16, 2006
  3. Since eveyone is making market calls, here's mine. American stock markets won't have a significant pullback till SP500 hits 1480. Don't fade the government and their fairy tale numbers! :D
     
    #283     Nov 16, 2006
  4. Could you define "significant"? Thanks.
     
    #284     Nov 16, 2006
  5. I'm sorry your pattern recognition skills are so shoddy that you jump to wildly incorrect conclusions. That helps explain why your trading career is going so poorly.

    Go ahead and take your frustrations out on me if you really think it will help you, but my best advice would be to pursue a more appropriate line of work for someone of your limited cognitive abilities.
     
    #285     Nov 16, 2006
  6. give it up man, they cant even get close to comprehend these issues, complex personalities have always been treated as freaks of some sort. nuttin' u can do to make 'em change their mind, they never been there, they know nuttin.
     
    #286     Nov 16, 2006
  7. volente_00

    volente_00



    LOL, One day he is a big time oil trader calling bottom at $64, next day he is a churner at ECHO, next day he is a hedge fund manager, and now he is playing doctor. What ever drugs you are taking are damn sure not working on that dissociative identity disorder.
     
    #287     Nov 16, 2006
  8. Today will be another huge up day

    the futures are up BIG because some shit numbers came out as usual
     
    #288     Nov 16, 2006
  9. jan168

    jan168

    Apex82:

    Could you elaborate a little more on the retest ?
    e g .. the time frame that you look at —60 min/ day or week?

    Is it qualified for retest if the market pull back for one day on the other hand on weekly chart market has not retested since July?

    Thanks for insight.

    Beginner
    :confused:
     
    #289     Nov 16, 2006
  10. Another 80-100 points up on SPX by year end. Load up on all pullbacks. Call me crazy, but we shall see who is crazy at year end. :cool: I would open a thread but too humble :D

    You ain't see nothin yet.

    Vix to zero.

    <img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=1267875>
     
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    #290     Nov 16, 2006