s&p just made intermediate term top @ 1431.8

Discussion in 'Trading' started by thorn, Dec 22, 2006.

did the s&p make an intermediate term top @ 1431.8?

  1. Yes, it will last thru 3/31/07

    9 vote(s)
    15.8%
  2. No, it will be topped in the 1st qtr of 2007

    32 vote(s)
    56.1%
  3. i don't know / i don't care / go away thorn

    16 vote(s)
    28.1%
  1. I know...Bozente is one of the <b>sleaziest</b> trolls on ET, and that's saying something.

    Hey thorn, you're rich... Have you ever considered hiring a few 'revenge specialists' to track him down and make him suffer? I can think of few things that would be more entertaining than watching the little worm squirm in pain. It would be money well spent, I'd think....

    :D :D :D
     
    #211     Jan 17, 2007
  2. volente_00

    volente_00

    #212     Jan 17, 2007
  3. asia doing well. if mkt brushes off aapl bad report we may go higher. who's reporting tomorrow am?
     
    #213     Jan 17, 2007
  4. volente_00

    volente_00



    Prof, how many stops you reckon are just above 1445 ?

    It won't take much to blow them and kick the programs in.
     
    #214     Jan 17, 2007
  5. A ton! This is why I read price and don't like predicting it.

    Consolidating at Prime Support is not my comfort area.
    Confirming Prime Support or confirming Prime Resistance are my triggers.
     
    #215     Jan 17, 2007
  6. I don't know which way we're headed; I'm only saying that everyone's risk/reward profile is higher now on the long side (dramatically so) than it was in June of '06, and by a fairly wide margin.

    I hope we all make money, while recognizing there must and will be winners and losers.
     
    #216     Jan 18, 2007
  7. volente_00

    volente_00


    Out at 1438.75


    How can I ever repay you ? I have never seen a better indicator than this. Thanks once again thornybird.
     
    #217     Jan 18, 2007
  8. Someone has been testing this move up. There have been bursts of heavy selling, which have been countered by a grinding absorption.....every single time. This market is being supported in a major way and the only direction it's going is higher. Much higher.
     
    #218     Jan 18, 2007
  9. volente_00

    volente_00

    #219     Jan 18, 2007
  10. volente_00

    volente_00

    thorn just texted me a signal that said get long at 1438.75

    Thanks buddy.
     
    #220     Jan 18, 2007