The S&P has topped !

Discussion in 'Trading' started by fly down, Jan 4, 2011.

Has the S&P topped and headed for a sharp correction?

  1. yes

    58 vote(s)
    30.5%
  2. no

    59 vote(s)
    31.1%
  3. I don't know / I don't care / I don't like you

    73 vote(s)
    38.4%
  1. Tsing Tao

    Tsing Tao

    the only stops being hit are yours today, short-round
     
    #121     Jan 14, 2011
  2. Tsing Tao

    Tsing Tao

    new top, 1289? fly down?
     
    #122     Jan 14, 2011
  3. volente_00

    volente_00

    Help me flydown, I shorted 20 ES when you posted this thread and am down 20 points already.


    Should I add more ?
     
    #123     Jan 14, 2011
  4. candles

    candles

    we should average about 5 points up per day for the next few months.

    Anyway, starting the weekend now.
    Still long my 1279 as per my earlier post as my latest trade.
    Posted a few +15ish trades recently in the ES journal too.

    Easy money.
    Stop trying to pick tops, kids. ES is built for upside

    :cool:
     
    #124     Jan 14, 2011
  5. Locutus

    Locutus

    haha. Good luck picking bottoms once the bear market commences.
     
    #125     Jan 14, 2011
  6. Bowgett

    Bowgett

    Bear market may be few years away.
     
    #126     Jan 14, 2011
  7. S&P is now at 1290. What's your stop?
     
    #127     Jan 14, 2011
  8. kashirin

    kashirin

    do you even understand what you say?
    5 points per days means 8% per month
    and you say for the next few months?
    so let's say in 4 months S&P 1700
    is this your call?

    I can understand when people are bullish
    but being a blind idiot without even cemprehending what numbers mean is just too much
     
    #128     Jan 14, 2011
  9. Tsing Tao

    Tsing Tao

    new top - 1291.
     
    #129     Jan 14, 2011
  10. Bowgett

    Bowgett

    This is old top. We have a new top - 1,292.22 :)
     
    #130     Jan 14, 2011