my 1025 guess will not be within 5 points of the high. Cannot win them all. Hopefully, 1040 will prove some resistance.
http://www.elitetrader.com/vb/showthread.php?threadid=21980 mostly every post "cannot see how the market will drop any time soon". Now I'm bearish again, and believe this is a top right around here 1030-1040.
I think a top was put in today at 1031.6 I was about 6 points from the exact top. The S&P is ripe for a fall. You heard it here first.
********************************************** Yeah interesting. I counted 15 bullish opinions , 4 cautious ones and no bears. Extreme sentiment. Once again it seems that the market will do the opposite of what the majority think it will do. And I'll be starting a newsletter titled " The Lucky Guess Forecaster"..... - Guaranteed to equal the accuracy of the average market timer!- ******************************************** "Good luck is better than early rising." - Irish saying
That sure is extreme sentiment for this usually bearish slanted board. No bearish opinions, and 15 bullish ones. There's only 1 way for the market to go with tose readings! Look out below! (next week)
Attention. I told you all when I predicted the "S&P looked toppy" that I was the greatest of all time, and I'm telling you again after calling the top within 6 points that I am still the greatest of all time. Never again question me. Never again defeat me. Never make me the underdog, until i'm about 50 years old.