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

    Happy 4 month anniversary to this thread.
     
    #571     Sep 10, 2006
  2. thorn

    thorn

    Where are the stooges (that doesn't include prof. rendick). I am hoping for some acknowledgement that 4 months has passed, and 1326.7 still holds as an "intermediate term" top.
     
    #572     Sep 11, 2006
  3. volente_00

    volente_00


    Would that be wednesday Sept 6th ?
    You always were a day late and a dollar short. Keep following my lead. Next time you sell those calls for 2, you will be buying them back for 10-15.





    http://www.elitetrader.com/vb/showthread.php?threadid=70912&perpage=6&pagenumber=22
     
    #573     Sep 11, 2006
  4. #574     Sep 11, 2006
  5. thorn

    thorn

    Uhoh, bozo is back, and dumber than ever. I said I sold calls @ $2.25, and currently they're trading at $.25. And that's bad? lmao.
     
    #575     Sep 12, 2006
  6. thorn

    thorn

    covered the whole lot at an average price of $.30

    It's not that I think the s&p will get that high in a few days, i'd just rather be out of the trade and concentrate on others.
     
    #576     Sep 12, 2006
  7. Buy1Sell2

    Buy1Sell2

    Due to the rolling of contracts from Sep to Dec, I am adjusting the secondary target on this call to 1331.00 basis Dec futures. Original call 08/01.
     
    #577     Sep 12, 2006
  8. thorn

    thorn

    Perfect example of how sometimes it's better to be lucky than smart!
     
    #578     Sep 12, 2006
  9. Buy1Sell2

    Buy1Sell2

    This target has now been achieved. In addition, the roll target in Dec of 1331.00 was hit today . What this means is that this call from 08/01 is inching closer and closer to being the number one call in the thread. Thorn's call on the cash index top is still valid unless it is taken out during the "many" months that it was originally predicted for. So, in summary, Thorn's call, while very good, may end up falling due to the usage of the word "many" instead of "several" when indicating the number of months that it would be good for. "Many" is a word used generally to describe eighteen, so the call has fourteen months to go. :)
     
    #579     Sep 13, 2006
  10. volente_00

    volente_00

    thorny they are coming for the calls !


    You have balls enough to sell some more ?
     
    #580     Sep 15, 2006