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. candles

    candles

  2. Tsing Tao

    Tsing Tao

    yes, mate. it's me who knows nothing of trading.

    if this were a court of law (and it's not its worse) this thread would be exhibit a and b. your previous thread, just as bad.


    25 points from your original call.
     
    #192     Jan 19, 2011
  3. Mate, this is no court of law. The court of law is each individuals P&L. Since I said the S&P looked toppy at 1104, I managed to squeeze out a very small profit, despite my bias to the downside.

    I know you like pointing out wrong "calls" as if they translate into losing dollars. My first thread shows that is not the case if you are smart about risk.

    Sooorry. But please, continue to spend your time on this thread. Keep posting.
     
    #193     Jan 19, 2011
  4. candles

    candles

    nice dip.
    long here: - 1287
     
    #194     Jan 19, 2011
  5. Locutus

    Locutus

    Quick guys, buy the dip!!! Before it's too late! This thing is going to the moon :D
     
    #195     Jan 19, 2011
  6. no program grind higher today (at least not yet), something's different....
     
    #196     Jan 19, 2011
  7. Locutus

    Locutus

    What's different is that you aren't buying the dip! BUY THE DIP!

    Seriously though, what's really different is that the world might wake up to the fact that this is an overbought market that's gonna lose 50% this year ^_^

    Edit: What's also different is that I am not seeing any rejection of the lows (that means there is lots of volume down at the bottom, not good sign if you are counting on a reversal anytime soon)
     
    #197     Jan 19, 2011
  8. Sold 3:1 Feb 1250P at 11.00. Short ESH1 from 1270.00; short 3x the 1250P from 11.00 avg.

    Spot at 1280.50 last.
     
    #198     Jan 19, 2011
  9. Huge day for fly down!

    Does that moron tsing tao still want to dispute the power of the grand top?
     
    #199     Jan 19, 2011
  10. Still short some 1276 es, see if we get some down pressure...
     
    #200     Jan 19, 2011