s&p just made intermediate term top @ 1431.8

How do you figure that this is the exact top?

 

new year, new volatility.

 

if this is such an easy call to make, why are the March 1450 calls trading for double digits?

 

I am a daytrader. I only worry about what will happen in the next 5 minutes.

 

do you know how much cash you could make if you could really say that the s&p won't top 1431.8 thru 3/31/07 ?? you could retire off of it.

 

Spoos traded up to and closed at 1437.25 today on Globex.

 

never heard of the cash making a print when the market is closed.

 

Cash? Your prediction is on cash, not futures? OK, next time state that please. Regardless, futures traded up 8 handles today in response to every index market around the world trading at record highs.

 

Next time state that? Is you on crack? It is very well known, and has been stated numrous times by me over a long period of time that when i refer to the s&p it is to the cash that i'm referring to.

Don't just throw out baseless assertions, it makes you look foolish.

 

That's great. As i've already stated, this prediction has a low, low probability of being proven correct. That's why the March 1450 calls trade for double digits. Obviously, the odds are stacked tremendously against this call. And that's the beauty of this intermediate term top forecast.