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. Locutus

    Locutus

    Funny how no bulls have posted since your powerful grand top :p

    Anyway I was watching option sentiment as well and it was getting a little ridiculous. I don't think (although it's certainly possible) that the house moves the market down to collect the premiums (that would take billions and billions) but most likely just the fact that when option sentiment peaks out like that there won't be any bulls left to buy the shit up for a bit :)

    It's gonna be a whole lotta bull money destroyed if we expire a few % lower :D
     
    #201     Jan 19, 2011
  2. volente_00

    volente_00




    And yet you still remain 14 points underwater on your call to short at 1270!!



    :p




    Since you started this thread the most the S&P has closed under 1270 is .5 points.


    The most is has fallen intraday is 8 points under you failed top call yet it rose 26 points over your failed top call.
     
    #202     Jan 19, 2011
  3. You can't even count tsing tao as a bull, he is just someone w no knowledge of trading.

    Sentiment helps fuel this decline, it's totally out of whack.

    Yep, this expiration is a perfect time to fool the masses.
     
    #203     Jan 19, 2011
  4. piezoe

    piezoe

    What's the big deal here folks? Market usually (80-90% of time) moves up into expiration. But market has been moving up non-stop so why wouldn't this be a good occasion for that rare move down into expiration?
     
    #204     Jan 19, 2011
  5. Tsing Tao

    Tsing Tao

    what a piker. wrong for weeks and over 70 points from the original "intermediate top" at 1219 you called here: http://www.elitetrader.com/vb/showthread.php?s=&threadid=209797

    and comes back to rave like he is the ES messiah when he is finally right.

    not to mention this hilarity:

    http://www.elitetrader.com/vb/showthread.php?s=&threadid=206437

    oh, and this was a giggle:

    as mr. violente said, despite a 1% down day youre still 11 points off your original top call in this thread. youre giving retaildaytrader quite a run for biggest jackwagon of ET.

    id go on, but a picture is worth 1000 words.

    [​IMG]
     
    #205     Jan 19, 2011
  6. Tsing Tao

    Tsing Tao

    no, you cant. please show me one single post where i said i am a bull. all i find funny is that you are wrong over and over again, and then come to tout your victory after the law of statistics finally has you getting one right. maybe its time for a new alias. according to violente youve had quite the run on them.
     
    #206     Jan 19, 2011
  7. Jealousy must really suck. How many posts on this thread Tsing?

    Obviously you don't trade if you cannot see how calling for a selloff right before options expiration can be extremely lucrative.

    You say i've had wrong calls. But i've let it be clear that I DON'T short stock indexes. I short stocks and I sell call premium. That's why I was able to eek out a profit when the other thread went 70 pts against me. Every option sale and purchase was documented on that thread. Oh, but you are a loser troll, qualifications that could make you a moderator, and have no interest in the facts.
     
    #207     Jan 19, 2011
  8. Locutus

    Locutus

    You know what isn't fair? I never said "this is the end of it" until there was a top. I missed it by 4 points, but that's nothing so respect my authoritah bitchezzz.

    I WANT MAH PRAISE AND COOKIES! I CALLED THE TOP BOOYAH!
     
    #208     Jan 19, 2011
  9. no afternoon program grind today.... hmmm
     
    #209     Jan 19, 2011
  10. Tsing Tao

    Tsing Tao

    who cares what you do in your trading? i certainly dont. all i find hilarious is that what youve posted (over and over in these threads) has been wrong time and time again. all of my posts on this thread (and there certainly have been more than a few) are laughing at you :) its great entertainment!

    youre a gem, bobby!
     
    #210     Jan 19, 2011