Seeing Tops all over the place

Discussion in 'Trading' started by PaulRon, Oct 7, 2010.

  1. PaulRon


    Blowoff top in gold, silver, euro, aussie dollar, etc.

    Stocks need more downside confirmation for a top but it looks like it could be in the making.
  2. Just when you think this thing will dump, it rises! [​IMG]
  3. Tsing Tao

    Tsing Tao

  4. Larson

    Larson Guest

    So, this call is for a bottom in the dollar also?
  5. gobar


    Instead of ROn Paul change ur name to Wrong Pal :D
  6. LeeD


    I am short EUR/USD
  7. PaulRon


    not wrong yet
  8. My only market call in 5 years on ET:

    Go to 11,400 DJIA, euphoria everywhere, and then trend downward for 4 or 5 years.
  9. With the proviso that I'm an intraday trader (so trying to foresee intermediate/long term turning points for S&P or Dow is not what I'm focused on), my call is that S&P will continue to trend upwards until SMA(50) crosses up through SMA(200) (which I'm estimating is still about 3 weeks' away), and will then turn down ...

    When SMA(50) crosses up through SMA(200), the laggards will all go long at that point... and then the market will be taken down ...
  10. gobar


    gold was 1330 when u started this thread and now its 1345?

    same thing with silver.. also market made new high today

    is it time or wait for another 2 % rally?

    if u r calling tops i will throw one for u

    tuesday: top for oil, and stocks. 10/12/10
    #10     Oct 8, 2010