s&p just made intermediate term top on 11/22

Discussion in 'Trading' started by thorn, Nov 27, 2006.

Did the S&P make an interediate term top @ 1407.9?

  1. yes, I agree

    15 vote(s)
    30.6%
  2. no, you are wrong thorn

    24 vote(s)
    49.0%
  3. I don't know / go away thorn

    10 vote(s)
    20.4%
  1. The chart you posted is for a futures contract, not the cash index. In fact, Thorn wouldn't understand what you posted, as he admitted himself that he didn't know what ES stands for. Nevertheless, according to him, he successfully manages a multi-billion hedge fund. :)
     
    #51     Nov 30, 2006
  2. yall dont worry....


    the "you guys are clowns... this is now a double top" posts will soon follow

    then the "this is an SPX triple top" posts...
     
    #52     Nov 30, 2006
  3. LOL, and the hits just keep on coming!

    Wasn't it Voltente_00 who said that if you faded Thorn's calls, you would've made a mint?

    Now I wish I had listented to'em ...

    No matter how you slice it, the guy's toast (hey, I bet all that buying activity was from the Shorts who thought that we had made another top) :D .
     
    #53     Nov 30, 2006
  4. Not only that, but:

    Give me a f*cking break. My computer kicked your ass the last 3 years (+30% - +44%).

    Give me a few more years and I'll be the greatest ever!

    Or at least my computer will. :D
     
    #54     Nov 30, 2006
  5. are we there yet?
     
    #55     Nov 30, 2006
  6. A couple of points. Should be defended, though. So not sure we will actually close at new highs. Interesting.
     
    #56     Nov 30, 2006
  7. <embed src= "http://www.the-ocean.com/kelly/sounds/theme.wav" autostart=true/embed>
     
    #57     Nov 30, 2006
  8. Doesn't have to.

    The statement was "will not see that level", whereas the reality is, as volente_00 pointed out "we should've bought the selloff aggressively, because it's going right back up there".
     
    #58     Nov 30, 2006
  9. thorn

    thorn

    man oh man, you would think with all this babble the s&p punched a new high.

    But it didn't. High for the day 1406.3

    1406.3 < 1407.9
     
    #59     Nov 30, 2006
  10. volente_00

    volente_00


    So you do know math thornybird. How come you did not understand the same math on the other top calls ?


    1407.9 > 1180
    1407.9 > 1240
    1407.9 > 1280
    1407.9 > 1300
    1407.9 > 1328.8
    1407.9 > 1390
     
    #60     Nov 30, 2006