s&p just made intermediate term top @ 1431.8

Thanks thorn, just went long ES at 1437 on this contrarian signal.
You've been warned.

 

come back tomorrow when we are at a new multiyear high.

 

How did the probability go from 1% to 75% in one day? And who is Thorn?

 

He is the guy who called 25 of the last 0 tops in this current bull market.


http://www.elitetrader.com/vb/showthread.php?s=&threadid=74947&highlight=thorn

 

the maggots are out in force tonite.
And t's an all star line-up! mavedick, bozente and nonsense5.
what did i do to deserve this dredge?

it was/is 1% to 5% that this is an intermediate term top that will last thru 3/31/07.

it's 75% chance of a tumble in the upcoming days.

 

That's top 5 mba grad school math. This same math allows you to be wrong on every top call you ever made yet still have 72 out of 73 profitable quarters with a 12 figure fantasy hedgefund.

 

What's your excuse today thornybird ?

 

???

 

Thorn, you know what my biggest trading weakness is?
<b>Forcing in trades when they're just not there.</b>

Great winning trades don't have to be <b>forced</b>. <i>They</i> come to <i>you</i> (not the other way around), and then just click into place, naturally. I think you're forcing this one. The market is NOT screaming 'top' into your ear at the moment- you'd <b>feel it</b> if that was the case. When this market is truly ready to top, you'll see it with clarity and certainty... not like now, where I think you're just stumbling around in a fog of uncertainty.

BTW, have you seen "Two for the money"? I know exactly what compels you to keep putting yourself on the line with these top calls. Pacino describes the feeling perfectly in his G.A. meeting monologue.

 

??