And you sir make the ASSumption that I use rubberbird stops of 80-100 points on my trades. Let the record reflect who was saying to buy in the low 1250's right before we went to 1328. long before we ever fell down to 1220. Once again, not sure what school you went to but last time I checked Feb 2006 came before May 2006. http://www.elitetrader.com/vb/showthread.php?s=&threadid=63395&highlight=bottom
I make no assumptions sir. You are on record denying that you made dozens of bottom calls as the market sunk over 100 points last spring/summer. You asked for a link, and the first one I found was a totally incorrect bottom call you made on the exact day (5/11/06) the market topped. and this is why you are known on ET as a liar with zero credibility. http://www.elitetrader.com/vb/showthread.php?s=&threadid=68951&highlight=bottom
Interesting math once again. Are you kin to rubberthorn ? On may 11 th we closed at 1305 which you say was the exact day the market topped yet the FACTS show that the market was nearly 20 points or more higher on the 4 different days prior to may 11 th. If you are going to lie, make sure you don't get caught thornybird. http://finance.yahoo.com/q/hp?s=^GSPC&a=04&b=6&c=2006&d=04&e=11&f=2006&g=d
What does "4 days prior" have to do with your incorrect bottom call sir? Yes, thank you sir for hammering the nail in your lying coffin. When you made your incorrect bottom call on 5/11/06 the S&P was at 1305, and subsequently went straight down to 1220. It did not even go a single point higher after your horrid call on 5/11, it went straight down to 1220. Those are the facts. Sir, It's safe to say that you are a confused liar
volente, you completely hijacked this thread. And yes, stop making excuses. You were wrong just as you called out thorn that he's wrong because the SPX is 8 points over his top call at this moment. With your reasoning that a 100 point drop after your bottom call was still ok, would you care to say that Thorn's call will not be completely wrong until SPX hits 1540? Volente, you got too much time on your hand stalking thorn every chance you get. I think the admins should close this thread.
First off we never dropped to 1205 so where do you get 100 points from ? Did you and thorn and ghost have the same remedial math class ? Second If you are going to assume that I held a long from 1305 through a drop then you must assume that I also held all my other longs from the low 1220's since I called a bottom back then too. With your reasoning would you care to say that thorn's top call at 1328 is still doing ok then ? Who is stalking thorn ? He has not even posted on here in a week and I don't blame him. Probably out spending some of that bank he made on his GOOG puts.
Thorn does not give a rats arse that he was off by less than 1% on this intermediate term top call. The prediction is still golden. The premise of this thread still remains intact: "the s&p will be negative this year" take it to the bank.
Forming market direction "bias" is a sure way to the poor house. Why not take what the market gives rather than picking tops and bottoms?
23/ 1430 = less than 1 % ? Is that top 5 mba math again ? Just when I was getting bearish thornybird had to post so that means another bounce is coming now.