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. Can't wait to hear that 1435.5 is the new resistance.
     
    #301     Jan 24, 2007
  2. :confused:
     
    #302     Jan 24, 2007
  3. --------------------------------------------------------------------------------
    Quote from thorn:

    and if it tops 1431.8 anytime thru 3/31/07, i will leave ET forever effective immediately.
    -------------------------------------------------------------------------------



     
    #303     Jan 24, 2007
  4. Any last words as thorn before you start using the "Blue Streek" nic full time?
     
    #304     Jan 24, 2007
  5. thorn

    thorn

    This prediction had a good run, it lasted over a month, and i'm proud of my call of resistance.
    I offer no excuses today, it was breached, and congrats to the bulls.
    It's still a bull market, for now, until I post the next intermediate term top!
     
    #305     Jan 24, 2007
  6. #306     Jan 24, 2007
  7. volente_00

    volente_00



    You are proud at calling a top on 12/22 when the S&P was trading at 1410 ?


    Watch those calls closely thornybird as they are fixing to be in the money.
     
    #307     Jan 24, 2007
  8. thorn

    thorn

    i'm still holding those calls, bozo, just like RM is still long oil @ 63.

    What a bozo!
     
    #308     Jan 24, 2007
  9. We still have several more earnings reports and a Fed meeting to go. Many of the companies beat earnings, but most either offered neutral guidance or guided lower. As well, oil and interest rates continue to grind higher. Not to mention a very low vix and put/call ratio which doesnt spell bull. How do the markets climb higher without puts or volatility? I say everyone is using margin and eventually that will aggravate any small correction.

    This might be a bull trap...
     
    #309     Jan 24, 2007
  10. Shane!

    Come back, Shane!...Please...don't...leave...Shane, uh, I mean thorn...


    [​IMG]
     
    #310     Jan 24, 2007