s&p just made intermediate term top @ 1326.7

Discussion in 'Trading' started by thorn, May 11, 2006.

Did the s&p top out @ 1326.7 ?

  1. Yes, I agree

    63 vote(s)
    58.9%
  2. No, it will go higher soon

    30 vote(s)
    28.0%
  3. not sure

    14 vote(s)
    13.1%
  1. thorn

    thorn

    well actually you did find it then. Yes, this thread calls for covering at 1200, although I reserve the right to update as market conditions change.

    good luck to you wiz.
     
    #191     Jun 14, 2006
  2. thorn

    thorn

    the prediction business ain't easy, is it?
     
    #192     Jun 14, 2006
  3. thorn

    thorn

    Not exactly the up week you had in mind. But maybe, just maybe, the s&p will end up on the week! Or at least the final June exp. print for s&p options.
     
    #193     Jun 15, 2006
  4. Math_Wiz

    Math_Wiz

    Yep. Hold! Hooold!!

    :D

    +-*/ Math_Wiz
     
    #194     Jun 15, 2006
  5. thorn

    thorn

    Good call amigo! You took the "volente route", that is...the s&p went 30+ pts against you, and then you were right on the money!
     
    #195     Jun 15, 2006
  6. Math_Wiz

    Math_Wiz

    :D :D :D

    +-*/ Math_Wiz
     
    #196     Jun 15, 2006
  7. thorn

    thorn

    With the s&p closing @ 1256, let thorn be the first to stand down this market and say that this rally is close to running out of gas. 1265-1275 is a very safe selling range. But I will wait til monday morning to initiate sales.
     
    #197     Jun 15, 2006
  8. thorn

    thorn

    Thorn is never wrong. 1265-1270 is massive resistance.
     
    #198     Jun 16, 2006
  9. what's your time frame on this? only for today? for next week?
     
    #199     Jun 16, 2006

  10. if we git another hint that the fed is one and done 1270 will be taken out back and shot.


    krazy- out!
     
    #200     Jun 16, 2006