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. dude how do you always manage to call the bottom by calling a top?


    anyway... thanks and keep it up$$$
     
    #21     Jan 3, 2007
  2. volente_00

    volente_00


    Yep, but he is doing it on purpose. It is his way of giving back since his hedgefund is now defunct.
     
    #22     Jan 3, 2007
  3. thorn

    thorn

    funny how you can make that comment yet this thread was started a few weeks ago and is still in play.
     
    #23     Jan 3, 2007
  4. thorn

    thorn

    did the s&p back off before it got to 1430 again ?
     
    #24     Jan 3, 2007
  5. thorn

    thorn

    i said it all in 4 words.
     
    #25     Jan 3, 2007
  6. thorn

    thorn

    anyone have anything to say now ??
     
    #26     Jan 3, 2007
  7. Not much to say now, except:
    "It ain't over until it's over !"

    Still pretty early in the game. Your call is for the next 3 months. We will see. But today was a remarkable reversal. I was just able to catch a little bit of it. But much less than what the market offered.
     
    #27     Jan 3, 2007
  8. Yeah, the market went straight up immediately after your call. That was the marginal high of the move, but you called it 13 handles lower with this thread. You've got no more than 6 points gain if held. Not giving you a hard-time, but I simply don't see the logic. Is it the end of quarter already?
     
    #28     Jan 3, 2007
  9. I have something to say, thank you. I read this post and had 75% of myself in cash going into the New Year. Your post made me print up a chart of the S&P and if it wasnt for this post then I wouldnt have done my homework so well.

    As today started, I stared the S&P closely as indicated in the prior posts. It never made it over 1330 which was a warning sign to me. I did feel guilty not being a part of the pop in the China stocks, but now I feel proud of having my cash and the ability to sit on the sidelines and wait for the bottom.

    Thanks once again. In this market, its brains not bulls that will see us through. . .
     
    #29     Jan 3, 2007
  10. thorn

    thorn

    you sound and talk very similar to another poster. Oh, and you're new here! I wonder who you can be??

    I started this thread and said 1431.8 was an intermediate term top. And so far it is. So wtf are you talking about?
     
    #30     Jan 3, 2007